Spitfire Oil Share Discussion Threads

[tomboyb] 28/2/2020 14:58

acquiring another company, project or venture which has the potential to bring significant value to shareholders. Whilst a number of such ventures have been identified or forwarded to the Company, none have reached a stage where it will be likely to conclude an acquisition by the 29(th) February 2020, the date at which the Company's shares will be suspended from trading on AIM pursuant to AIM Rule 40. Suspension coming up -

[mariopeter] 25/2/2020 13:05

Yes the board should have been changed a long long time ago. Could be a very last minute deal but deals are not their forte.

[tomboyb] 13/12/2019 15:30

Cash left around 4p per share - Once suspended admin costs etc etc will take this much lower - Easiest job in the world being SRO directors -

[tomboyb] 13/12/2019 15:26

With the relinquishment of the retention licence, the Company is now an AIM Rule 15 cash shell. The directors continue to be focused and motivated on acquiring another company, project or venture which has the potential to bring significant value to shareholders. Whilst a number of such ventures have been identified or forwarded to the Company, none have reached a stage where it will be likely to conclude an acquisition by the 29th February 2020, the date at which the Company's shares will be suspended from trading on AIM pursuant to AIM Rule 40.

[tomboyb] 13/12/2019 15:25

FY results out - https://www.investegate.co.uk/spitfire-oil-limited--sro-/rns/preliminary-results/201912131513108805W/

[dingo75] 11/11/2019 17:06

Bargain. Looking at the trades I'm thinking there's movement on the deal side here. Clean Cash Shell, trading way below. Might well get to 20p before an Announcement. Amazingly bad management, can only improve when a new company gets stuck in here.

[pol123] 08/11/2019 07:32

Looks like we are going to see some corp action. Rumors have started to surface

[tomboyb] 30/8/2019 08:36

The rns is effectively saying "what can we do as a private company with the cash we have" - They will say the earth has come to an end which is why we cannot do an acquisition and disappear into the sunset -

[dave4545] 30/8/2019 08:35

Is it me but does Australia seem like the new "Nigeris" for scams now on Aim ???

[vish65] 30/8/2019 08:33

Pj looks sruffed with all his great ramps. SCRO , CGNR , ROCK , ARKLE, ECR , THR .. Thats why hes had to go back to work

[tomboyb] 30/8/2019 07:34

PJ looks a bit stuffed with this now -

[tomboyb] 30/8/2019 07:34

Relinquishment of licence makes SRO a cash shell - Thats one way to get booted off the market with cash in your company - https://www.investegate.co.uk/spitfire-oil-limited--sro-/rns/relinquishment-of-salmon-gums-retention-licence/201908300700035811K/

[daicaprice] 10/4/2019 17:21

So what’s to do with the drop on the chart at the end there? Not in anymore but always keep a lookout. DC

[playful] 10/4/2019 15:27

Here we go again, will people never learn?

[daicaprice] 10/4/2019 15:02

6 small buys so far I’d say. DC

[akmal101] 10/4/2019 14:54

Any reason for this rise??

[playful] 24/3/2019 00:17

Michelle must be thinking.. Well we know where we're going But we don't know where we've been And we know what we're knowing But we can't say what we've seen Yeah We're on a road to nowhere Paul!

[lbrokes] 14/3/2019 09:42

Poo up - spitfire doon

[playful] 17/2/2019 00:10

Another 200k to go..

[playful] 16/1/2019 22:56

This continues to be grossly over valued as the true valuation is £600K in my belief.

[tomboyb] 13/12/2018 09:34

lol - Amazing isn't it - That looks like the best one - Wages for a few years yet -

[playful] 13/12/2018 08:58

My all time favourite: “The challenge remains Himalayan in its proportion” hTTps://uk.advfn.com/stock-market/london/spitfire-oil-SRO/share-news/Spitfire-Oil-Limited-Half-Yearly-Report/70928795

[vish65] 13/12/2018 08:40

Chairmans statement " it has been another fruitless year" " time willl tell... " " efforts have led to nothing" " you directors have no interest.. " In all the years of doing this i dont think i've ever read things like this . Shocking ineptness and negativity. ( I dont hold.)