Spitfire Oil: I stumbled over spitfire however the cash burn is low with its cash position twice the market cap. they trade are £2m with £4m in cash which really does highlight the disconnect between the markets valuation and the current share price. '' Don't be surprised to see this significantly higher based on a market correction'' shell companies have proven extremely rewarding in 2014.
No problem, I hope we all do really well out of this, for me, it would be great to pay for a weekend away with the MRs, that is my target, if it does not I will have to take her to the local Chinese lol.
Emzee/Casper please take this in good humour as the well mannered and intentioned comment that it is. I suggest you read the last two ASTAR RNSs. ASTAR are very similar to MMO and you will see what we potentially might get from an RNS over the next two days.
I hope I am completely wrong and you are both right and that we do a VMP, but those are very few and far between. It only did the 600% rise because David Breith of Coms was announced.
Emzee I hope you did not lose too much on CNEL and MMO will make you back your losses, but this is a long term game. Larry has offered constructive advice over the past months- take it. I for one ask for advice and learn from their cool calm and collected approach, I read Larry's post all the time and learn, never commenting.
ramping shares turns people off.
Casper I would recommend you look at Scotlass on twitter you get quite a big mention!!!!
I hope you do not take this as patronizing it was not meant to be.
Larry- Agreed, I have a £500 in here as a punt, I was hoping to get it sold this week as I want it in AFPO and MSMN for teh next three weeks. Not a lot I know but it is better there than sat here for a suspension, although not likely. We still have 2 days so no sweat yet.
Th elonger it goes on the longer I think it will do an ASTA- side step the big one. If they do I will buy more as ASTAR has held well but drifted a litlle.
Larry, i also have tuned out of Emzee remarks. I think it may be an Astar type cleaver fudge. Invest in something but hedge it either way so that the money remains static. I still think that may cause a rise in the SP but just how big i dont know.
Hopefully I am completely wrong and Emzee is right