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The exciting thing with TOM is that our share price could be back up to where it was when the permit approval for the Utah field test was announced back in July 2019. i.e. over x 10 where we are today. Then it was at 6p. Good luck all TOM investors, Brighty
It was around 2.5 p then if I recall .
Petroteq announced prior that they were clearing out the closet.
Petroteq are all about 500 bopd now which is for a sale .
Tomco are in a different position but when this happens in the future it will fly.
Depends how you wish to play long of trade
W didn’t hit £12 when covid first hit and no one knew what was happening so I would say the chances of sub £12 are zero
Houses continued to be built and house dales continued .
Not really same comparison to a recession.
Interest rates will climb economy looks bearish and will continue to do so .
Slow bleed here , IMO thos will drop over next few months
6 p looking cheap , when is the sale news now though?
Ouch
down 20 %
No wonder the boss left afetr todays news
I use to trade this stock take my 20 percents on it as was easy to get small profit over a few months. I look at this company now and its rudderless .
Lithium now huh !
Will take years that project and still waiting on Paraguay.
6% drop on a fair news day just reflects the bonkers market at the moment.
Not sure it's bonkers but U.K has 45 percent chance of heading to recession according to Bloomberg.
The weight of negativity around the world will pull the SP down .
This hits 15 by Xmas with current economic trends
@roxy
Poly 2 quid FACT
Guess you are down , can't help bad timing
'sanctions are only here in the short to medium term'
I wouldn't bank on that
34 percent down over last 6 months without even being in recession,
However this is addressed the trend is downward , FTSE has not been dragged down s much as some of the other worlds markets .
Approaching covid lows , quid inbound