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 Shares Traded Last Trade
  0.125 25.51% 0.615 255,629,166 16:20:39
Bid Price Offer Price High Price Low Price Open Price
0.60 0.63 0.715 0.47 0.49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers -0.78 -0.73 2
Last Trade Time Trade Type Trade Size Trade Price Currency
16:48:32 O 5,000,000 0.504 GBX

Tomco Energy (TOM) Latest News (2)

More Tomco Energy News
Tomco Energy Takeover Rumours

Tomco Energy (TOM) Discussions and Chat

Tomco Energy (TOM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-07-07 16:48:330.505,000,00025,200.00O
2020-07-07 16:18:460.642,074,56113,244.00O
2020-07-07 16:01:150.642,000,00012,800.00O
2020-07-07 15:28:050.62179,8391,107.99O
2020-07-07 15:27:200.62500,0003,075.00O
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Tomco Energy (TOM) Top Chat Posts

Tomco Energy Daily Update: Tomco Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker TOM. The last closing price for Tomco Energy was 0.49p.
Tomco Energy Plc has a 4 week average price of 0.40p and a 12 week average price of 0.30p.
The 1 year high share price is 7.05p while the 1 year low share price is currently 0.30p.
There are currently 275,759,235 shares in issue and the average daily traded volume is 130,669,981 shares. The market capitalisation of Tomco Energy Plc is £1,695,919.30.
ducky fuzz: It is very difficult to compare oil companies BUT I did find an oil company that was targeting production of 10,000 barrels a day & had a 40% share of that figure & 3 years ago at its peak it had a share price of £300 million. Tomco now has 650 million shares in issue .. 1p share price = £6.5 Million Market Cap .. So BIG IF 10,000 barrels a day is achieved then our Market Cap will be a lot higher than it is now. This is as much about do you have confidence in Valkor achieving our joint goals as do you have confidence in Tomco.
ajj2003: If you were Valkor or people close to them, given the future of Tomco and Valkor are intertwined through Glenfield, would you not be tempted to build a small position in Tomco at these levels? This would allow the share price to rise ensuring Tomco could repay Valkor through warrants or money earned, Tomco have increased security with no dilution and are in a stronger position moving forward. Look like a win - win situation to me.
thesageofsaint: You are a danger to yourself. You must stop talking as though TOM is like NEXT. It is not a proper business, it is just a penny share scam. There are no MMs helping out their mates, no short squeeze going on, just share price noise because people like you look at a historic chart and see a spike at 14p but have no clue of the history and no understanding of the difference between share price and market capital.
ducky fuzz: Here is a question I don't know the answer to so if anyone knows .. Say I'm a TOMco shareholder & have 1 million shares. The share price is 0.6p Turner pope tell me that TOMco wants to raise money in a few days at a price of 0.4p + warrants. QUESTION .. Could I sell my 1 million shares at 0.6p & then buy 1 million in the placing ? Is this what happens ? Thanks DF
cpap man: Shakespeare's current view on the direction of the TOM share price today.... ' Two p, or not two p: that is the question' ....
damac: In the present circumstances, Tomco should not even be entering into any discussions on a potential take over, why should they? It is in Tomco's interest to prove up as many assets as possible to add value to the share price before talking to others about disposal of the company. If a partnership is entered into with Valkor on 1 or more of the Tomco leases, cash generated from the project would assist further development of the RF antenna technology which can then be used on oil shale on the Tomco leases, hopefully on Valkor projects in Trinidad, and with scope to leasing out the service to other third parties. A Valkor oil sands deal would be the kick start to Tomco adding significant share price value over time IF they can put a strategy in place to do so and IF they have the will to do so. Edit: Of course if a hostile takeover situation were to develop then any long term thinking from Tomco could go out the window.
rmart: converted the file to text. Here they are again for those who could not see them. 1. By far the most popular question is ‘How can Tomco survive the next 12 months with the cash position being so low?’ A: Can’t answer this question. We will keep shareholders updated in this regard as required by the AIM Rules and MAR. 2. I am assuming the order for the antennas and transmitter was based on them being able to heat the shale as planned ie. ‘Serve the prurpose’ and therefore as the antenna and transmitter failed i.e. did not achieve its target, who pays for the modifications and have Continental started the modifications? If not when will they start, and expect to be completed. A: The transmitters are supplied by Continental, but the antenna was built by TurboShale based on a design provided by JRT, our partners in TurboShale The improvements we made to the transmitters after the 2018 field test were paid for by us. In respect of the 2019 field test, there wasn’t an issue with the transmitters. As set out in the announcement of 3 October 2019, the refinements needed relate to the delivery of the RF energy once it gets to the wellhead and then onto the antenna. Fortunately, Continental have the modelling software to improve the antenna to make them more efficient and are doing this for us for free. Once they have completed this work, around the end of the month, I will be meeting them and Himes to work out the changes needed on the wellheads as we seek to optimise the wellhead design. 3. "There has been a significant development of the understanding of the process and systems during the test and I look forward to announcing these once all the data recovered has been analysed." Can this comment be expanded on. A: Not at this stage, though as we complete the design revisions, we will update shareholders as appropriate. 4. Malcolm Groat has been actively publicising TEK capital. What has he and Alex Benger done for the Tomco? A: Malcolm and Alex are very experienced AIM directors and they provide guidance and act as sounding board to both Andrew and me, as you would expect from Non-execs. 5. Does Chris Brown get involved with any of the day to day business with Tomco? A: No 6. Why do you not use social media or hardly use the Tomco site. Investors know that when Tomco goes silent, it means that there are problems. A: Unfortunately, the communication rules for AIM companies are very strict. I know a lot of companies use twitter etc but look at what they are putting out on it, it’s either no information or a repeat of an RNS. We have talked to ProActive Investors about them taking over our twitter account, though again what would be going on it would just be the RNS’s and there would be no engagement through it. 7. How much influence does Ray Kasevich and considering his age what happens should he fall ill? A: We are mindful of his age and is the reason why we have developed a close working relationship with Continental. 8. Assuming continental want to do a jv what reassurances can you give that you will not give away a large part of the company. What negotiation skills do the current board have. A: There is no assumption of a JV with Continental or any other party. Both Andrew and I have strong negotiating experience and are supported by equally experienced non execs should we ever look at doing a JV with a 3 d party. 9. Who was present at the Test Site when the Test was started. Name their position and Company. If there were any attendees. A: I was on site with Brian Considine and Bob Higgins and we had an engineer from Continental at the start and then 2 engineers from Continental for the last week. Himes, IGES and PROS were in the area for the whole period we were on site. 10.During the Test were there any other visitors, reps from other companies. A: We were visited by representatives from UGS, DoGM and the Governor’s office 11. will the antenna be checked on a test-bed at Dallas before being used on site? A: No 12. Can the current Test Site be used again with this modified antenna? A: It could 13. If so, do they foresee any weather complications to delay the new Test? A: As previously indicated to shareholders, any test would need to be undertaken when there is no, and no risk of, snow. 14. If they complete a successful Test, with the new antenna, can this satisfy Pre-Commercial conditions as well. i.e. kill 2 birds with one stone? A: As announced on 5 September, the work being completed over the next few months will then lead into the planning for a pre-commercial phase. 15. Presuming a successful test on both counts, can they start producing oil commercially from this site? A: It is too early to know this. 16. How much profit would they expect to make from each barrel with a WTI price of $50 pbo? A: Can’t answer this question 17. Funding. Have any companies shown any interest in TOM/Turboshale if the Test is successful, for a JV/Buyout? A: Can’t answer this question 18. How much do they expect the next Test to cost? A: Can’t answer this question 19. How do you intend to restore confidence and improve the share price? A: Firstly, as a development company and pre-income, there will always be large fluctuations in the share price. It always comes down to how much money the company has. Andrew has done a very good job of keepingthe operating costs of the Company down to a very low level and I have made sure we got a lot of value for the money spent on the tests. We will seek to ensure that the development plan is updated and communicated regularly as required by the AIM Rules.
thesageofsaint: Your last sentence is very telling. You imply that a few posters with a negative view are behind the share price falls. You also suggest that posters like ace are lunatics. So why you fear them and believe that they can influence the share price when they are idiots? I post what I believe to be reasonable positions which show TOM as a flawed company that should not be allowed a listing and is essentially taking shareholders money and wasting it without the ability or intent to build value.You see if we are so obviously wrong, then all you have to do is counter with reasoned counter logic and facts and we will be outed as true morons who have the intellect of a small dog, and deserve to be outed as the morons we are. All current and future investors will be rightly bullish and the good ship Tom will sale on merrily.But you cannot. Because there is no counter argument to the basic points that have been states so many times:Tom is a serial and chronic destroyer of shareholders equity.Tom's test was a charade and an unmitigated failure.They have spent over 10m since listing and have no assets of any value.They have only 2 employees and they act as the front for the entity but are dysfunctional as a going concern board.Tom will issue more shares within 4 months, or will be bust and delist.Etc etcBut no one is able to counter these truths, why because the answer is in the question, they are the TRUTH!
cpap man: rmart the July 4th 7/4 holidays will subdue volumes today [as can already be seen] plus the MM's are taking this opportunity to shake out any traders so as to re-balane their books prior to the next major leg up in the TOM share price
henrylightningbolt: fishyneck i very much enjoy reading your posts. you are informed & balanced in what you say. i've had another read of the recent TomCo Energy PLC Field Test Update on 25th june. one point in the rns no one seems to have noticed or mentioned is the following "Exploration permit variation application has been submitted and approval expected shortly" so there is likely to be an rns for this. they may include the additional leases we have acquired. maybe it will move the tomco share price maybe it won't. i thought rmart's post was reasonable & i think a lot of people hate to be holding a share whose share price is unlikely to move much for 6-8 weeks. but all the best positive rns's are the unexpected ones. good news out of the blue. i do agree that a further placing is possible but not until after the field test results & then i do think there are other more likely finance options. most likely finance option in my opinion is a tie up with a major. i see a lot of similarities now with where red leaf were a few years back. in that red leaf had a very similar sized lease to tomco, in a very similar location (only a few miles apart). red leaf has ecoshale & tomco has turboshale. red leaf had 3 suitors & chose total oil (a large major oil company. i can see no logical reason why tomco will not attract suitors. turboshale is a very green process of extracting oil (if it works). if tomco's test is a success i see it having a very bright share price future.
Tomco Energy share price data is direct from the London Stock Exchange
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