OTCPK:VREYD - Post by User
Comment by
stockfyon May 06, 2017 6:06am
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Post# 26211895
RE:TOG's new presentation (April 2017)
RE:TOG's new presentation (April 2017)stockfy wrote: https://torcoil.com/wp-content/uploads/2017/04/TORC_Corporate_Presentation-April-2017-Web-FINAL-Version-1.pdf
4% is owned by insiders.
TOG's decline rate at 23% is good but I hope TOG will lower it because some oil-weighted peers such as Razor Energy (RZE) has decline rate at just 10%.
And RZE's new acquisition has decline rate of just 15%.
Sure, M&A is very likely. I wish TOG used its stock to acquire another producer because its stock is expensive relative to the peer group.