Australian (ASX) Stock Market Forum

TOE - Toro Energy

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Renounceable rights offer at $0.20 per share...pfft so not worth doing right? Can anyone shed a little light on this offer for a newb. My take on it is a thumbs down, any one else take up the offer?

http://www.toroenergy.com.au/_literature/Renounceable_Rights_Issue_to_raise_A$26m
 
Hi everyone at Aussie Stock Forum:

Just wanted to update everyone that I found Toro Energy to be an interesting little stock. (Vested interest).

No one has posted, but I am sure some would have bought in.
I bought in at 0.12 a few days ago after doing some research.

Today, it is 17.5 cents.

OZL, which is in trouble and now that the FIRB doesn't allow MINMETAL to takeover of OZL at 85 cents, has sold much assets to pay off debts.

But in it's official release, there is a sentence which says that it is holding on to much of her assets , INCLUDING OZL portion in Toro Energy.Do your own research.

Cheers, if you have any such good updates, let us know too.
Share the goodness
Spread the joy.................

Anyone good at doing the Fundamental/Technical Analysis thing and can see if the next wave of big thing, etc happening to TOE????

I only know that in the last 30 days of trade, I discover a few days with more than 1000000 shares per day of trade.

:)
 
TOE is running hard this arvo - currently up over 20% an very high volume.

I'm assuming it has got to do with the "Greg Hall presentation to World Nuclear Fuel Cycle 2009" but as I haven't had a look I'm not sure. Probably wouldn't mean anything to me anyway as I trade off TA.

Will try to post a chart tonight if I get a chance.

I hold.
 
nomore4s said:
TOE is running hard this arvo - currently up over 20% an very high volume.

I'm assuming it has got to do with the "Greg Hall presentation to World Nuclear Fuel Cycle 2009" but as I haven't had a look I'm not sure. Probably wouldn't mean anything to me anyway as I trade off TA.
Click to expand...

It was also part of a newsletter from Sonray Capital as a buy.

Here is a cut and paste for you guys.

After recommending TOE in late March, the share price rallied aggressively from 12.5c to 23c high, locking in strong returns for investors in the 19c/21c region. The share price has recently retraced and consolidated in the 15.5c/17.5c range and may be ready for another leg higher, with a target back up to the mid to low 30c region and a stop @ 14.5c.In addition, the uranium sector is coming back into focus thanks to China’s lack of resources to cover its aggressive nuclear plans. See article below from yesterday’s SMH.
Click to expand...

I don't hold but watch with interest.
 
Yep, TOE up over 27% today.

and what a day for uranium stocks in general, some of them up by big %'s:

up: NTU, EXT, PDN, DYL, WHE, AGS, BLR
down: EME
no change: ACB, FTE
 
:)

Hi folks,

TOE ..... is another one, that is likely to get a boost from a significant
and positive time cycle, this week ... :)

Updated TOE chart, shows a 50% retracement of the previous downleg
projected forward, in terms of BOTH, time and price to give us a price
target at .475, around 20112009 ..... and a strong positive time cycle
(black dotted vertical line) around 03122009.

That 03122009 cycle should bring some positive news, ahead of 4 other
strong and positive time cycles, in December 2009 ... TOE should finish
the year, strongly ..... and so far, TOE is tracking along nicely, using
that projected trendline, as support ..... !~!

have a great weekend

paul

:)

=====
 

Attachments

  • TOEupdate08052009.pdf
    54.7 KB · Views: 41
Trader Paul said:
:)

Hi folks,

TOE ..... is another one, that is likely to get a boost from a significant
and positive time cycle, this week ... :)

Updated TOE chart, shows a 50% retracement of the previous downleg
projected forward, in terms of BOTH, time and price to give us a price
target at .475, around 20112009 ..... and a strong positive time cycle
(black dotted vertical line) around 03122009.

That 03122009 cycle should bring some positive news, ahead of 4 other
strong and positive time cycles, in December 2009 ... TOE should finish
the year, strongly ..... and so far, TOE is tracking along nicely, using
that projected trendline, as support ..... !~!

have a great weekend

paul

:)

=====
Click to expand...

What? That doesn't make any sense. Some cycle should bring "some positive news"? What are you talking about?
 
Toro Energy TOE

Just wondering if anyone here is following this stock and has any thoughts on their latest quarterly report.....We hold this stock....here is the link to the website for the latest report if youre interested..........

http://www.toroenergy.com.au/

Quarterly Report - June 2009 (1480 kb) | 29-Jul-2009 |



Cheers
 
Trading Halt !! Requested by Toro
Pending announcement for new capitol raising.
Request for Trading Halt to be maximum time allowed by ASX
Announcement this morning after 27% rise in SP yesterday.
 
:)

Hi folks,

TOE ..... it has been a loooong ride down from the highs of 2006,
but now, one longer term cycle has been completed and it is TIME
to be alert for a positive announcement, next week:

02-03122009 ... expecting this cycle to bring positive news

have a great week

paul

:)

=====
 
Lets hope so Trader Paul.

I've been riding the slide for a while now. Its actually my worst performer in my portfolio!!
 
Been a slow month for TOE, but up yesterday on volume spike of 6m shares - looks like it's pushing above the 15c resistance, as well as broken the declining trend for the last quarter, so hoping to see some upwards movement.

I'm holding at an average of 14.8c, but I'm a newb, not a financial advisor so do your own research.
 

Attachments

  • TOE_break.JPG
    TOE_break.JPG
    171.2 KB · Views: 9
Solitus said:
Been a slow month for TOE, but up yesterday on volume spike of 6m shares - looks like it's pushing above the 15c resistance, as well as broken the declining trend for the last quarter, so hoping to see some upwards movement.

I'm holding at an average of 14.8c, but I'm a newb, not a financial advisor so do your own research.
Click to expand...

Look at the market depth you can see a bunch of 35833 shares for sale.

These were from those who took up their $5K SPP at 15c selling out. Once that cleared may be the stock can gain some traction.
 
skc said:
Look at the market depth you can see a bunch of 35833 shares for sale.

These were from those who took up their $5K SPP at 15c selling out. Once that cleared may be the stock can gain some traction.
Click to expand...

This was the posting done last about three and half years back. The company is still kicking but without lustre excepting a recent reference by Australian Small Capital (could be a ramp up) about TOE. Normally old days whenever ASC recommends something there was a heavy selling but probably market understands it more than those flaky advise. Price is still lower than the buy upto limit.
that is not the point but I am finding market is picking up on uranium sentiment and could uranium will come back in 2 to 3 years time ?
Acquisition of Matland by TOE was a significant achievement without any bite on the market.
Should this thread being inactive for three and half years be closed ?

One prediction (Ha Ha) or sharing lessons learnt. Whenever I buy shares the price goes down:banghead: and when I sell the price goes up:banghead:. As a trader /investor it should be opposite for me to make money.

Any way I have just bought a small parcel of TOE today COB.

Cheers
 
I could do with another rally like last September.

TOE range 19-01-15.gif

This time, I got on board just before the breakout :cool

TOE am 19-01-15.gif:
 

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