This company has KNOWN oil deposits in the ground which have been independantly valued at $12 million.
Now that oil is increasing in value and a world shortage this valuation must now be worth considerably more. THE SHARE PRICE IS TOTALLY UNDERVALUED and will have to be re-rated upwards. Any views or up dates on this suggestion.

Bruce Rowan's Sunvest Group have a stake of 8.000.000 million shares or 10.8% Bruce Rowan is involved with Share Shop PLC An investment company I beleive.

Texas Oil and Gas are making real money.

Apart from owning some jointly, he of course owns the contractor for the extraction from all of them and he is paid as CEO by TXO - two more scope for conflict - not seen full accoounts ever (only RNS prelims) so don't know what his salary/bonus structure is, but is certainly bigger than the profits he is generating for sh/hoders at presetn.

I diucked out of these at 11.88 some time ago - watching from the side lines - probably miss any sugged hike. No regrets as good interests elsewhere.

sd

Steve,

Interesting post, and very proactive to request a shareholder register!

Out of interest, how much did they charge you for that?

I have heard that there is a disgruntled person selling into the market, and not sure why someone doesn't try and place his stock, rather then suffer this low shareprice to be honest.

The spike was interesting in so far as it was not apparent what caused it, and why it retraced so quickly either for that matter.

I am tempted here, but something just doesn't seem right.

Stockdog,

Some good points, and a full set of accounts may help!

Hi all,

The register costs 22.50 - just a few pints less this week! The possibility of a disgruntled person drip selling a large holding is principally what I want to find out about - ie how many shares the suspected seller has left and therefore what scope he or she has for future influence.

According to the accounts for last year on the company website, Chandler got about 86k in salary... There are also lots of good words about how much of an interest they take in communicating with their shareholders, both institutional and private....so...

HOW MANY TXO INVESTORS ARE THERE READING THIS WHO ARE INTERESTED IN GETTING THE BOARD OF THE COMPANY TO BE MORE PROACTIVE IN PUSHING WHAT IS, FUNDAMENTALLY, A GOOD STORY? Just give us a Yes or No for now and we'll work out a plan when the register is in.

Between now and what should be the first profitable end of year results, there is a window of opportunity here to make a push for positive publicity.

Steve

All gone a bit quiet here...the share register should be with me on Thursday after some admin cock ups and easter. Is anyone still watching this one?

Steve

Only me then!

The spread is a bit wide at the moment, maybe if they narrowed it we may be tempted to trade?

12%!

I'm watching and waiting also......

Andy - are you the same Andy that is on the ADVFN TXO board?

Steve

Grim isn't it ! Down again this morning...What a pile of crap this is turning out to be !

How low is this pile of cr%p going to go ?
I should have sold a long while ago, but like an idiot, I didn't

At least sp is now heading back up.... only 7p to go before I'm in breaking even !

only 3p to go before I break even on these, LOL......................!!!

no news use to be good news, but not in the case of txo.oil prices at there highest level for months and yet txo sp going down hill fast. can anyone shed any light on this.

rubbish isn't it!

couldnt of put it better

this just gets worser and worser ! grim isn't it ?
anyone know what's going on ?

and another thing... a yr ago it was 13/14p where I got in.. 6 months ago it was 7p-ish when I was thinking of getting out.. now the bid is down to 3.5p and seen a sell for 3p this morning ? are we shafted or what ?!
had anough of this now but holding value is not worth selling for now... just have to grim and bare it !

i didnt think they would go any lower when they were 4p at 3.75 they are looking like a good buy.

this'll go lower.. always does, particularly when you think it can't get any lower!
sub 2p hear we come!

i think they have reached the bottom ,well i am praying they have