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TOM Tomco Energy Plc

0.043
-0.002 (-4.44%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tomco Energy Plc LSE:TOM London Ordinary Share IM00BZBXMN96 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.002 -4.44% 0.043 0.04 0.045 0.045 0.0425 0.05 22,881,752 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drilling Oil And Gas Wells 0 -690k -0.0002 -2.00 1.27M
Tomco Energy Plc is listed in the Drilling Oil And Gas Wells sector of the London Stock Exchange with ticker TOM. The last closing price for Tomco Energy was 0.05p. Over the last year, Tomco Energy shares have traded in a share price range of 0.0425p to 0.35p.

Tomco Energy currently has 3,187,408,610 shares in issue. The market capitalisation of Tomco Energy is £1.27 million. Tomco Energy has a price to earnings ratio (PE ratio) of -2.00.

Tomco Energy Share Discussion Threads

Showing 55001 to 55023 of 56225 messages
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DateSubjectAuthorDiscuss
03/7/2023
09:10
Yes, I feel a good announcement on some kind of funding is needed before the agm for him to keep his job.
rmart
03/7/2023
09:02
It will make no difference to haw the holder fell they have been treated this time.
JP time as MD is now very limited.

vauch
03/7/2023
08:59
You know I’m right again though, and this just strengthens your wierd fixation on me. Saddo.
rmart
03/7/2023
08:49
Rmart special 2006-2023
“ It does seem like the bottom has gone now though. There may be a recovery in the share price now but this will be without the help of the bod.”

lukeisbackontrack
03/7/2023
08:39
Double your salary then take a 10% cut
vauch
03/7/2023
08:38
I believe the board have now taken a pay cut.
kdickson
03/7/2023
08:31
Probably not.

It does seem like the bottom has gone now though. There may be a recovery in the share price now but this will be without the help of the bod.

rmart
03/7/2023
08:12
I wonder if we will receive an update from our CEO ON HIS £250,00
Salary to increase the share price after trashing it, which is all he has done this year.

goulding1215
30/6/2023
15:18
Valkor have pointed out to the board that if they cannot get their project started soon then they will be prejudiced by the board (in favour of Hoodoo), so they are not looking for any delays, they want to get cracking as all this delaying is costing them money. It says that in the section posted above and in this bit:

"The Relative Prejudice to the Parties Supports Striking Hoodoo’s Response"

"The Board should refrain from attempting to adjudicate the parties’ respective lease rights and should instead proceed to approve the proposed unit operations. Petitioners would be substantially prejudiced by waiting to expand their proposed operations beyond the four wells already approved until the conclusion of litigation that Hoodoo has yet to initiate. Hoodoo, on the other hand, remains completely free to exercise all of its leasehold rights outside the unitized formations. Hoodoo suffers no prejudice within the unitized formations, since it is undisputed that these formations contain no conventional oil and gas resources that Hoodoo can recover."

haggismchaggis
30/6/2023
15:10
Agreed, but for the other board to post under a heading of 'all sorted' is misleading as it's far from that. Maybe Valkor can afford to wait for this to be resolved albeit they are now well behind their schedule as according to their website as they intended to get the additional permissions sorted in Q1. I'd be surprised if Tomco can wait and while their wells aren't the subject of this dispute I can't see Valkor going ahead until everything is played out.
norfolkngood1
30/6/2023
14:21
norfolk,
.
As per other board, the file posted by rmart is only the advice from the board's assistant lawyer, it's not a decision, it's up to the board to decide at the next meeting. What she says, that was already put forward by her prior to the last meeting, as it was posted verbatim on the other board back then.
.
The Sullivan case has already been put forward by Valkor lawyers in response as below. Replace Sullivan with Hoodoo.
.
"The Supreme Court in Sullivan took a similar approach. Recognizing that Sullivan could return to the Board with the same request for agency action once his legal claims were determined in court, the Court held that Sullivan had suffered no prejudice when the Board refused to continue his request until court proceedings were complete. Because orders establishing secondary recovery units are subject to amendment at any time, Hoodoo could certainly return to the Board requesting modification of the unit if a court found that it had legally protectable interests therein. Because Petitioners will be substantially prejudiced by delaying their project to accommodate resolving Hoodoo’s claims in court, the Board should grant the requested unitization and invite Hoodoo to return to the Board if an appropriate tribunal determines it has a legally protected interest in the unit.
.
From page 6 of

haggismchaggis
30/6/2023
13:45
The les that turn up the easier it is to vote the md out
vauch
30/6/2023
13:08
No date! Ah, typical TOM. probably make it as late as possible, so as few as possible will turn up
goulding1215
30/6/2023
12:43
Here he is.
shaunx
30/6/2023
12:43
What date is the AGM?
goulding1215
30/6/2023
12:26
The comments on this thread and ISE about the matter of the drilling permits being sorted are not correct in my opinion. We aren't much further forward. Yes the Utah board has said that Hoodoo can't challenge the previous decision for the test wells made last year. But they can't rule on the dispute over the wording of the leases for the enhanced drilling project, which will have to go through the courts if Hoodoo maintain their position.
norfolkngood1
30/6/2023
12:06
So looks like that has been cleared up,
talais
30/6/2023
11:54
the real buy price has gone up around 5% today but is still within the quoted limits 0.085
blobber
30/6/2023
11:45
Interesting that there has been no comment from JP. Maybe he's run his course, though I doubt it. Though he has brought the company to ruin, one has to admire his chutzpah. With absolutely no experience in the sector or even in the country in which the company operates, he has managed to hang on for some 3 years, milking investors for increasingly rich paydays. How has he managed to do that? By latching on to Valkor and accepting Steve Byles' word as gospel, even though Valkor has no responsibility to Tom's shareholders. By extension, Byles has been able to control the board and the strategy (and purse strings!) of Tomco. JP's failures are already legend on this chat board, but the real failure is with a BOD that for 3 years has refused or been unable to access the expertise that might have steered it away from disaster. AIM is rife with oddball companies, but I can't think of another that has both a Chair and CEO (the only employee) who have no experience in the industry in which they are spending shareholders' money. Ah well, the cost of a few shares have been worth it for the entertainment.
1dutchman
30/6/2023
11:45
hoodoo are frooked.
rmart
30/6/2023
11:37
Is that you 2 x 10 mill averaging down Rmart
vauch
30/6/2023
11:23
It would be interesting to know more about Matthew Jones - who he is and what he knows? Or even where he is? With no shares held by management, a 10% holding could arguably seize control of the company at the AGM. Tomco's current strategies may be worthless, but £140k spent to acquire control of an AIM listing may not be a bad investment. Is MJ inside or outside?
1dutchman
30/6/2023
10:51
My 2M trade.
canny lass
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