Spitfire Oil Share Discussion Threads

[ileeman] 12/4/2016 11:02

Adding to my positions

I want 8p

[ileeman] 09/4/2016 09:44

Keya I didnt know about SRO until yesterday it could just be that people dont know about it.

Look at the cash shells like OSU/FAST all going up but SRO has the biggest disconnect to cash/cap that I have seen, it is 2-3x the cap.

Obviously SRO have been sitting on their hands for a few years until the oil etc climate starts turning which is happening now, so if they are going to aquire anything it will be around this time.

and with the cash they have I dont see any risk buying at these levels which is what I like, you can see from the chart that it is basing out and doesnt want to go lower.

Multibagger in the making.

[keya5000] 08/4/2016 17:39

Lee thought that myself but it never gets any sustained interest before the sellers kick in.

Strange stock.

[ileeman] 08/4/2016 17:22

I am starting to build a position here under 4p

Insane disconnect between cap and cash

I notice alot of other cash shells are getting picked up as the market seems to be coming alive a bit, can easily see 6-8p here.

[jimbob17] 31/3/2016 09:10

Hi DC,
I hold some too.
Would be interested to hear your feedback.
The "Himalayan" line nearly made me laugh and cry at the same time !
Jimbob

[daicaprice] 30/3/2016 12:20

Do hold and agree Kev.

DC

[kev0856153] 30/3/2016 11:25

don't hold but this co should be liquidated immediately

[daicaprice] 10/3/2016 16:36

All gone quiet again but far happier at this level.

DC

[daicaprice] 05/3/2016 08:29

Up again, looks like we could have some news on the way next week.

DC

[galoot] 04/3/2016 11:24

With the devious management, anything could happen, same for GFM

[daicaprice] 01/3/2016 16:58

Is there only me here? Up 16% and not a comment. Let's hope there's been a leak of good news on the way.

DC

[flyingbull] 29/2/2016 00:12

The March oil stock challenge is on! Deadline for entries is midnight on Monday 29 Feb 2016. Good luck!!!

fb

[daicaprice] 03/2/2016 17:29

Price of oil and minerals I guess, so no acquisitions in the pipeline if you'll excuse the pun and just sitting drifting with cash in the bank. Looking interesting at this price I have to say, I may take a few to av down from 4.5p if I remember correctly.

DC

[fenseal3] 14/1/2016 15:59

Hi folks, looking for some bargains and came across this, it has cash of $4.4m from June and assets of $4.5m, bnt has a MC of 800k, anyone know why the price is so low, thoughts welcome cheers.

[daicaprice] 03/12/2015 11:27

No news since March but results due in the next couple of weeks, 75k dump below.
Not looking too encouraging.

DC

[daicaprice] 20/10/2015 10:07

5k been taken and had to pay full ask.

DC

[daicaprice] 07/10/2015 16:21

50k taken today, life in the old dog yet? Should be due 6 months figures, if cash burn is under control there should be 6p odd of cash per share.

DC

[double6] 28/7/2015 20:13

Happy days

[lkfjmdku] 28/7/2015 14:58

it is a proud moment for us all

[daicaprice] 28/7/2015 14:54

We are temporarily top of the leaders board, first time since I bought in I believe infact only the second time on it.

DC

[lkfjmdku] 28/7/2015 14:50

great time to be sitting on cash looking to invest in oil and gas