They never have enough. That's the principle under which they operate |
They have enough cash, but nice try. |
They'll be able to get another placing away now, by the looks. |
Overlay that with the 7 year chart for uranium....
At a 4.3m market cap and with a share price at all time lows one could say that this past underperformance is all already factored into the price and the price has not now adjusted to the changes in the fundamentals to the uranium price and outlook and THR's focus on the US uranium projects.
Nobody wants to buy at the bottom, but then they wish they had done:) |
The 7 year chart shows, how not to invest! |
Unfortunately this US listed uranium stock is not listed on the LSE. Up almost 30% today, one can see where these US focused uranium stocks are going. Might even see them being able to access US gov funds to develop and expedite the projects. |
Currently up 17% on the ASX. |
Recent presentation |
Recent presentation on THR's recent high grade drill results on it's USA uranium projects.
Market cap 4.3m GBP |
Movement coming here. |
She must be thinking about the next placing. |
'one to watch' says the headline, since 2005. Wake the f up! better places to salvage what little is left. You might just get a return. I bet most of the market cap is with share holders who have given up and written it off. True value is much lower. |
A fool and their money are soon parted... |
Good guess! 23,809,524 at 4.2 AUD cents to raise AUD 1M. The offer was oversubscribed and required scale-backs. |
What an absolute disaster this stock has been over the years. |
Thanks. It seems there is more information in the AIM release than in the ASX release. The AIM release isn't even linked on the Thor website. |
The more pertinent question is, who is stupid enough to plough more money into this pile of poo and at what price? My guess/bet is 100m shares at 1p, to raise £1m. |
It clearly states that it is for raising funds... And, where Thor is concerned, what else did you expect!?
18/09/2023 7:30am
UK Regulatory (RNS & others)
Thor Energy (LSE:THR)
Intraday Stock Chart
Monday 18 September 2023
Click Here for more Thor Energy Charts.
TIDMTHR
RNS Number : 7443M
Thor Energy PLC
18 September 2023
18 September 2023
Thor Energy plc
("Thor" or the "Company")
ASX Trading Halt
The Directors of Thor Energy plc ("the Company") advise that trading in the shares of the Company have been halted on the Australian Securities Exchange ("ASX") effective from Monday 18 September 2023, in accordance with ASX Listing Rules, in order to undertake a capital raising to accelerate the Company's exploration activities, particularly in relation to its priority uranium assets. Trading in the Company on AIM is unaffected.
The ASX trading halt will remain in place until the earlier of the commencement of trading on Wednesday 20 September 2023 or the release of an announcement by the Company. |
I wonder what exciting things they need to announce. Not good news, surely :)18 September 2023 THOR ENERGY PLC (ASX: THR) Trading Halt Description The securities of THOR ENERGY PLC ('THR') will be placed in trading halt at the request of THR, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 20 September 2023 or when the announcement is released to the market. Issued by Yushra Haniff Senior Adviser, Listings Compliance |
At least Mick still has to work as he's in the same 'boat' as us with the dire share price |
With another consolidation it will still continue for some time. More mug punters buying flipped shares after placings will keep it going. The worst of the worst. |
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