Matra Petroleum Share Discussion Threads

[soggy] 24/3/2017 11:48

Did the boss not forego his salary while in suspension, or am I misremembering...?

[supertedsmith] 24/3/2017 11:46

PapillonHow are they going to milk the so called relist ?They must have an angle What do you think it is

[papillon] 24/3/2017 11:28

MTA, unfortunately, like so many AIM shares, Superted, has just been a cash cow for the (overpaid) management.

[supertedsmith] 24/3/2017 10:52

Budget Let's start a petition to pay them more.What's 500k and all those other small things they got in past like pay and expenses .What say you round it up to £5m and as it's almost Christmas soon why not give them a bonus and make it £6m.They have five so much for us and company

[supertedsmith] 24/3/2017 10:49

Oh yes sorry I am doing them disservice .THREE AND HALF YEARS. Folks .Budget shouldn't you be organizing some kind of " I love MBA and Vlad " party to commemorate their good work ,Look they only got a measly 500k backpay for last two years ' work 'Is that any way to be treated when you have done so much

[beggarman] 24/3/2017 10:32

Ted - The shares last traded on AIM on the 31st October 2013, its three and one half years. They delisted on the 1st April 2014.

[supertedsmith] 24/3/2017 10:15

Lest anyone forget 1April will be three years - YES THREE YEARS - since shares last traded on AIMWhat a bunch of honest upstanding and non crooked folk management have turned out to be and what a success their buying into this cash cow has been for them .Sure you will all join me in congratulating them on this anniversary .Hip hip Hooray for them and their actions

[supertedsmith] 24/3/2017 09:45

But can't see that price

[supertedsmith] 24/3/2017 09:45

NedYour breakeven - Almost double delist price .So would say around £3.80- 41 sekVery approximate figures .Would have assumed they would have given update about things but as usual they just don't care .Hope you get your break even .I am out anything approaching 20 sek

[budgetbond] 23/3/2017 19:35

I'm on it :-)

[calmtrader] 23/3/2017 19:30

Budget and the triple is UEN and MTA !!

[budgetbond] 23/3/2017 19:27

calm, good to hear - I'm still smoking a fat cigar after Cheltenham last week, hard to have a tough week at the Festival when I had a 50-1 winner in the first race on the first day! Happy days

[beggarman] 23/3/2017 19:16

I checked corporate actions on Nasdaq First North today and there is nothing regarding Matra. Looks like April.

[calmtrader] 23/3/2017 19:06

Budget I'm good. Yep relaxed in the paddock

[budgetbond] 23/3/2017 18:28

calm, how are you doing mate? Still feeling confident about Max and the lads?

[beggarman] 22/3/2017 18:31

Ted - There is no requirement to announce to the market but they have to submit an admission document to the exchange eight days before the shares can trade.

[supertedsmith] 22/3/2017 18:07

Beggarman How sure are you that cut off date is today for announcement to market if to be listed before 31

[budgetbond] 22/3/2017 14:37

If we dont hear anything today which will mean we miss the deadline of March 30th, I'm not concerned as now that the consolidation has taken place, the listing will happen

[budgetbond] 22/3/2017 09:02

Yes the 1000:1 consolidation has happened to everyone's shares

[mocolondon] 21/3/2017 22:28

aint the cut off time tomorrow to hit the 30th deadline ???

[budgetbond] 21/3/2017 21:24

Shouldn't be long now - 10 days max

[papillon] 20/3/2017 20:25

The Oil price is heading for a sharp fall
By David Scott | Monday 20 March 2017

High market prices are currently being supported by OPEC cutbacks, and these higher profits are funding the growth of American drilling. American oil explorers who survived the worst of the 2014-2016 market sell off are dismissive of the 14 percent slide in prices this year from a high of $55.24 to around $48 a barrel. The price would have to drop to the $30s or lower to dent the bottom line of many drillers now working U.S. shale fields, according to Katherine Richard, the CEO of Warwick Energy Investment Group, which own stakes in more than 5,000 oil and natural gas wells.

A number of producers have already locked in future returns with financial contracts that guarantee the price of their oil for most of the rest of the decade. Such resilience poses a big dilemma for countries that agreed to an OPEC-led production cut aimed at tightening supplies to raise prices and relieve their distressed national economies. Oil prices took another hit on Tuesday after Saudi Arabia dropped a bomb shell on fellow members of the Organization of Petroleum Exporting Countries.

The Saudis, heavyweight of the 13-nation cartel, raised its output last month to more than 10 million barrels a day, reversing about a third of the cuts it made the previous month. Though Saudi Arabia is still meeting its commitment even with the increase, other members are way off hitting agreed quotas and the disclosure intensified concern that the group won’t be able to meet the promised cuts to strengthen the market. History shows that OPEC members’ normal cheat and the quota break down.

- See more at: