Marinetrack Share Discussion Threads

[anval] 13/10/2008 23:08

Mike111D - If that turns out to be the case, then thats not exactly a vote of confidence in MTRK imop.

We shall possibly! soon see where the cash goes, - my bet is on PYC.

[mike111d] 13/10/2008 20:36

On the other hand perhaps they have the proceeds raised of circa £58k earmarked for something else?

[maytrees] 13/10/2008 19:53

BillamAG has yet, imho so dyor, to pay ZYZ for the MTRK shares it
took off ZYZ's hands a year or two back to assist in
avoiding the need to consolidate acccounts.

The agreed consideration
and commercial interest obligations even seeemed generous to
ZYZ in those pre-credit crunch days; now I should have thought
that they would be even more welcome for ZYZ.

[tiltonboy] 13/10/2008 19:35

Knowing Billam, they will be getting them back in lieu of fees, or conversion of loans!!!

[anval] 13/10/2008 17:43

Thats a big reduction of holdings, begs the question why sell when the media states that contracts should soon be signed hmm !!!!!

[maytrees] 13/10/2008 16:19

BillamAG short of cash perhaps?

"On 10 October 2008, the Company was informed that Billam AG, had, between 6 and 10 October 2008, disposed of 58,940,757 ordinary shares in the Company. Billam AG retains 30,000,000 ordinary shares, representing 4.05% of the Company's total voting rights."

[malkie] 10/10/2008 16:32

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Market makers should not be traders as well as there is a clear conflict of interests.

Someone took 20p for 135k GEM when the bid was 26p - over a barrel with Market Makers the only game in town.

On 10th September 450k SOLG sold at 1p when the bid was 3p.
Same stock sold back into the market over next few days for 2.5p-3p

Market Maker system leaves a lot to be desired. This isn't "making an orderly market", it is profiteering.




and please spread the word!

[maytrees] 10/10/2008 16:32

A 2m MTRK trade this time at 0.12p
And more PI buys now at 0.14p and 0.15p
on a day when FTSE100 is over 360 points down.

[asmodeus] 09/10/2008 16:22

Well done, Maytrees But why no zyz move, I wonder?

[maytrees] 09/10/2008 13:59

MTRK share price now up 38% with the bid share price 100%
albeit from a miniscule base.

[maytrees] 09/10/2008 10:57

Some 16m more MTRK trades at 0.10p
- surpising that my far smaller buy ticked up the share price
Still the bid share price is unmoved and the already large spread now huge.

[maytrees] 09/10/2008 09:52

Greetings OfficerDigby

Cynicism may be justified nonetheless I added just now at 0.12p.

[officerdigby] 08/10/2008 23:47

"due to (sic: intense) market demand.... LOL...

[maytrees] 08/10/2008 11:58

Another 19.75m MTRK trade today again at 0.10p and again
probably a sale. Holdings RNS soon?

[maytrees] 07/10/2008 16:57

25.25m MTRK sell at 0.10p today sent share price down.

[officerdigby] 02/10/2008 18:16

Share of the Day:

AIM-listed company Marine track was steady at 0.15p yesterday amid speculation it was close to announcing an Asian order. Another more lucrative Asian deal is thought to be in the pipeline. Marinetrack, which joined the market earlier this year through a reverse takeover of investment company XSN, is also understood to be working on several contracts involving "flag-of-convenience" states.

[tiltonboy] 02/10/2008 14:58

It was in the DE so it was probably made up!!!

[malc26] 02/10/2008 13:10

What do you think?

[andrbea] 02/10/2008 11:49

in a good or bad light?

[ant15] 02/10/2008 08:19

MT in the Express today apparently.

[tiltonboy] 18/9/2008 14:21

Just the usual Billam/Hoskins shenanigans.

[td74] 18/9/2008 14:19

Ant15,

Let's hope so as it is awful everywhere else!

Best
TD74

[ant15] 18/9/2008 13:12

An interesting item on the RNS maybe something is brewing here TD

[td74] 08/9/2008 21:27

OD/Mike,

Are you guys suggesting that there may be a possible external interest in the company?

Thanks
TD74