Tomco Energy Share News (TOM)

Tomco Energy Information

Buy TOM Shares
Add TOM to Watchlist
Add TOM to Alert

Share Price Information for Tomco Energy (TOM)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 0.035

Bid: 0.03

Ask: 0.04

Change: 0.00 (0.00%)

Spread: 0.01 (33.333%)

Open: 0.035

High: 0.035

Low: 0.035

Prev. Close: 0.035

Last checked at -

IN BRIEF: TomCo Energy cautions on future of company as loss widens

Fri, 30th Jun 2023 17:24

TomCo Energy PLC - oil development group operating in the US - In the six months to March 31, pretax loss widens to GBP1.4 million from GBP678,000 a year prior. Posts no revenue in either period. Looking ahead, firm cautions: "The cash reserves currently held by the group are insufficient to fund ongoing overhead costs for the next 12 months. However, based on a history of successfully raising additional funds when needed, the directors have a reasonable expectation that the group will be able to raise the required additional funds as necessary."

Current stock price: 0.081 pence, down 1.7% on Friday

12-month change: down 79%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

17 Jul 2015 10:03

WINNERS & LOSERS SUMMARY: Marks & Spencer Clothing Boss Quits

17 Jul 2015 07:12

TomCo To Take Long Holliday Despite Securing All Necessary Permits

29 May 2015 11:08

LONDON MIDDAY BRIEFING: TeleCity's Deal Agreed But Synergy's Stalls

29 May 2015 10:24

Tomco Energy slims down; announces CEO resignation

Oil exploration and production company Tomco Energy said on Friday that it has embarked on a corporate restructuring plan to materially reduce its corporate costs, as it continues to explore various merger and acquisition options to deliver shareholder value. As part of the plan, it has decided to s

29 May 2015 10:11