Matra Petroleum Share Discussion Threads

[supertedsmith] 09/11/2016 10:38

Found this link if anyone interested


hxxp://uk.practicallaw.com/3-525-2227?q=&qp=&qo=&;qe

These two parts interesting

Minimum size requirements

The expected aggregate market value of the shares must be at least EUR1 million.


Minimum shares in public hands

Conditions for sufficient demand and supply of the company's securities must exist in order to facilitate a reliable price formation process. In particular, the company must have a sufficient number of shareholders and sufficient number of its shares in public hands. The number of shareholders and the possible commissioning of a liquidity provider are both factors taken into account when evaluating sufficient demand and supply.
At least 25% of the shares within the same class being admitted to trading must be in public hands (the exchange may accept a percentage lower than 25% if it is satisfied that the market will operate properly with a lower percentage in view of the large number of shares that are distributed to the public).

[supertedsmith] 09/11/2016 10:16

All I am saying is that we need to wait and see.
If the price is 0.1- 0.3p is that really any good .
I do not trust these folk an iota.
Anyone know what financial requirements are for lisiting on Swedish stock market

[magpie105] 09/11/2016 10:07

Well I'm also suspicious of what you say Ted given a relisting was supposedly never going to happen.

P.S They cannot manufacture the price if relisting and just put it on the market at 3p to keep us happy. Doesn't work like that.

[supertedsmith] 09/11/2016 09:53

lets wait and see what they actually do .
what shares if any we get and at what price .
Remember the delist price was 1p and lot of people here have averages in the 3p
range .
Questions questions -
why delist in first place other than to milk company for three years and restructure in such a way that new shareholders will lose out .
Whole delistprocess wil be costly so why delist in first place .
They could just have remained on AIM.
So yes I am still very suspicious.
If you read the wording of the release nowhere does it mention potential value of new shares or what price they will be

[brian boru] 09/11/2016 09:41

sounds a bit like the Stockholm Syndrome..........after being f'cked rigid for several years you'll all start to like the royal rogering, Aye!

[looneytune] 09/11/2016 09:32

A Listing perhaps???

[supertedsmith] 05/11/2016 16:31

Beggarman No connection I think .Doesn't change their plans to milk till company dry and then put hands up and blame economic climate ... Once an upstanding honest non duplicitous non CROOK always one

[doxford] 05/11/2016 16:07

Ok now you must pick one, Trump or Clinton? What happens when I pick one? They start to run the most powerful country in the world. Hmmmm do they know about the Russians?
If they read this BB they do.

[beggarman] 05/11/2016 15:13

Perhaps we will hear something once the US presidential election is out of the way.

[supertedsmith] 05/11/2016 07:16

It's over three years since you have been able to trade these now worthless shares.
No prospect of any change .
The company is massively in debt .Our only asset sold off in some dodgy deal .
Delisted for duplitous reasons.
And you think all is ok .
You folk deserve Mb and current team milking matra .
You truly do .

[gilly9] 05/11/2016 05:40

Magpie, good post, some where a village is missiing it,s idiot!!!!!!

[supertedsmith] 04/11/2016 19:32

Still waiting for someone here who defends the non CROOKS to tell me one thing they have done for us other than enriching themselves at our expense since they got on board this gravy train

[magpie105] 04/11/2016 17:25

Ted mate I think you should take a bit of a break from this board, sincerely, for your own good. What will be will be and you will find out one day what has happened.

[supertedsmith] 04/11/2016 17:11

The company is taking us for a ride . And laughing at deluded folk who continue to defend them in face of patently obvious situation .They have done so ever since they came on board .Look at facts .Their actions bear this out .They have done less than nothing for us apart from 1: making our shares worthless , untradeable,2: selling our only asset , 3/ putting us massively into debt All this whilst continuing to milk company for own ends .Someone tell me one thing they have done to improve our lot as shareholders since they got on board this gravy train ?ONE THING

[supertedsmith] 04/11/2016 15:14

Calm What rubbish -Nothing is going to happen to improve our lot .They may come up with some manœuvre to milk more money for themselves .other than that nothing Still don't understand if you are so confident in the non CROOKS. Why you are not willing to pay delist price of 1p for my shares .

[beggarman] 04/11/2016 14:09

calm - I'm just making an observation, the last day they could hold an AGM this year is Friday the 30th December because of the notification period. One would hope they would hold an AGM before Christmas, which means they need to advise us within the next fortnight.

[calmtrader] 04/11/2016 13:57

Beggarman it's only the 4th. A lot can happen between now and then !

[beggarman] 04/11/2016 13:37

If they don't call an AGM by the 30th of November they can't hold one this year. They could just file the accounts and take a fine for not holding an AGM but I think something is wrong if they can't meet these requirements.

[calmtrader] 04/11/2016 13:21

Fat Lady certainly not singing yet

[supertedsmith] 04/11/2016 12:57

Ses what you are saying But I think we all know situation here .Have you noticed how calm and budget have seemingly disappeared