summers - Im not going to defend spirit but if you read the RNS its actually not bad !!. PI bailed because they dont understand Oil and or the RNS. Sell off was overdone, I expect a bounce back to 3p within 7-10 days. All imho
your looking through small time pi spectacles my friend, look at the big buys, there is 10% upside from here...Its called bottom feeding, sure some got sucked in on the ex div but EML now worth over 4p...GLA
Im watching and waiting, sorry for your hit folks , HOWEVER there is always a bottom, it will bounce back for sure, not ready to dip in here yet , probably next week. GLA....