Spitfire Oil Share Discussion Threads

[baz9707] 19/5/2017 11:23

Smash guys bagged and holding.
No shares so they have to raise it.

[daicaprice] 19/5/2017 10:47

Well done, there is certainly no stock around.

DC

[barnetpeter] 19/5/2017 10:42

Crazy....I think it may be a short squeeze as no stock around. The stock I hold is at nil cost after recent sale so I am hanging in here

[clemo69] 19/5/2017 10:23

Somebody has just paid 7.4p again above the stated offer!! This is unreal.

[playful] 19/5/2017 09:51

You wouldn't believe how long I have been here, but ever since the Griffin repurchase the directors haven't been interested and toss in the fact that it's based in Australia it's been on their terms but value will always come to those who wait long enough.

[clemo69] 19/5/2017 09:43

I don't know what is going here. I think somebody must know something and when the news comes it will be pretty big. I speculate it may have something to do with Salmon Gums deposit which they have retention licence over. All speculation on my part.

[babbler] 19/5/2017 09:41

Almost 7 now....

[clemo69] 19/5/2017 08:17

Somebody buying above the spread again at 6.20p. Very strange. Edit that now a trade at 6.4p!!!

[clemo69] 19/5/2017 07:20

Someone nibbling again this morning

[daicaprice] 18/5/2017 22:21

I've bailed happy to get my money back and a slight premium after buying in Jan8th 2015, I hope it goes really well for everyone.

DC

[barnetpeter] 18/5/2017 15:59

Lol ramp or what...still you never know on a shell. One I bought went from .3 to 60 pence.

[barnetpeter] 18/5/2017 15:57

Or 50 pence.

[barnetpeter] 18/5/2017 15:49

Something going on here....holding on for the news. Takeover? 20 pence....

[baz9707] 18/5/2017 13:37

Good sign when shares sold snapped up straight away.

[clemo69] 18/5/2017 13:34

Blimey. I am in danger of getting into a profit on this one!!!

[baz9707] 18/5/2017 13:02

NTV what have you done this is the one for the year.
Nearly 6p now.

[ntv] 18/5/2017 10:51

i have sold out now so mkt has a few

[baz9707] 17/5/2017 17:56

At least the thread title is correct again.

[playful] 17/5/2017 14:29

Directors have been gnawing on this nut for years...

Despite evaluating over 100 acquisition opportunities, none met the parameters set by the Company. The directors continue to actively scour the world using their industry relationships to discover the Company’s next acquisition knowing the difficulty even this strategic pathway entails.”

They told me once they were close but nothing ever happened, but you never know... maybe just maybe!

[barnetpeter] 17/5/2017 13:52

Who knows? Holding a few of these from 2.75...sold half on the last spike. A cash shell with lots of cash but it's been that for yonks now

[daicaprice] 17/5/2017 13:47

It's a bit of excitement, whatever is going on.

DC

[clemo69] 17/5/2017 12:24

Ok let me rephrase that. Somebody is prepared to pay above bid to get more shares. I think somebody is building a big position here and even though we have seen a fairly dramatic price just recently doesn't seem to want to stop even if he pays above bid. I think that 405 pounds worth is part of a much larger order.

I could be wrong though! Who knows what is happening.

[troutisout] 17/5/2017 12:18

"Somebody with a lot of money wants to buy as many as he can at any price"

7,500 shares at 5.4p is £405's worth........

[clemo69] 17/5/2017 12:14

I don't know. Very weird not seen trades go through so high above the bid before. More buy volume seems to be coming through now.

A few ideas

An RTO

Return to shareholders of cash?

That hole in the ground in Australia has found the biggest load of minerals the world has ever seen?

Somebody with a lot of money wants to buy as many as he can at any price

Machine Glitch

Or none of the above!