Matra Petroleum Share Discussion Threads

[woodpecker25] 01/3/2017 10:53

Make the most of it budget, he'll be gone, sold up in a few weeks... never to be heard on this bb again.

[beggarman] 01/3/2017 10:50

I think the question to ask is, what benefit will Matra gain by listing their shares. At the moment all we know is that they intend to raise $5m via a placing within the next 6 months. It seems a lot of trouble for such a relatively small amount of money.
Could there be an all share acquisition in the offing, that would make more sense. Is Vlad about to be parachuted into the target company as CEO.

Hopefully we will find out soon.

[supertedsmith] 01/3/2017 09:53

Budget Relax . Deep breath . Soothing music .comfortable chair I haven't changed anything .They - your idols - say it will be 1p.I do not Have some tea or something

[budgetbond] 01/3/2017 09:36

From two weeks ago...

Supertedsmith - 15 Feb 2017 - 19:13:53 - 14251 of 14382

I always said we would get offered 0.2-0.4 p
That is around 20 to 40% of delist price .
Lets see what happens

[supertedsmith] 01/3/2017 09:35

Well at EGM they - your beloved MB and Vlad - mentioned those figures Don't you remember or possibly too star struck

[budgetbond] 01/3/2017 09:27

Who claims that's what Matra is worth on paper? Who is 'they'?

[supertedsmith] 01/3/2017 09:19

Budget Why did they delist

[supertedsmith] 01/3/2017 09:15

No budget I didn't and I never would agree with you . I am not à Matra sycophant I look at facts I said that's what they claim it's worth on paper .

[budgetbond] 01/3/2017 08:57

But superted, it sounds like you're now agreeing with me when you've previously always stated that it was going to be 0.2-0.3p?

[supertedsmith] 01/3/2017 08:45

Bit coin You need to calculate oldMatra part which is 33%.Equates to delist price of around 1p per share before any share consolidation So zero change

[bit coin] 01/3/2017 08:32

ted, what price do you expect them to list at?

if the list price equates to £100,000,000 net worth and they delisted at about £5,000,000 3 years ago then presumably they are saying that wealth has been earned in that period, or am I missing something?

[supertedsmith] 01/3/2017 07:57

'Faith in management '????You folk need medical help .There was no need to delist in first place as events have shown They could have done all that they have achieved - ie nothing - whilst listed on AIM.Other than award themselves back pay and who knows how much in expenses what have they achieved. Nothing has changed .They only delisted so as to ......There is only one way this is going .It's going to be three years since this was on AIM and you still believe this lot care .What single thing have they done whilst delisted which they couldn't have done if still on AIM or which has benefited small shareholders ..

[budgetbond] 01/3/2017 07:37

soggy, I agree with your sentiment.

I think the point to bear in mind is that no-one benefits at all if this either has a low re-listing price or the share price tanks on Day 1. So I expect Matra to issue a document that outlines their 3-5 year development/expansion plans ahead of the listing which I would should support the price. At the EGM, it was stated that the company was worth $100m which equates to the equivalent of a share price of 1p and I'll be disappointed if its less than that.

ned, I suspect as part of the pre-listing communication, they will confirm what price they will list at. Not sure when that would be, maybe a week or so before the listing date?

[soggy] 01/3/2017 06:57

I'm sure that some will bail out immediately, Ned. But it will presumably be at a considerable loss. For some, that's better than nothing, which is what their holding has been worth for a few years, so it's understandable.

The price might well drop on listing as a result.

Alternatively, since many of us invested because we had faith in the management and their vision to get this built into a medium sized co., we will be willing to leave our money on the table, or even add to our stake. After all, he has managed to keep the company alive, just, despite the rug being pulled from under their feet with the oil price crash and all the rest of it. They've got us to the point of re-listing, and they have a business strategy to get the company growing. Barsky's interests are still largely aligned with ours. He wants to see that share price grow too.

I which case, if peeps buy more and new investors like the prospects, then the price might rise on listing, or shortly afterwards.

You pays your money, you takes your choice...

Personally, I think I'll just stick with it. I've written off my investment a long time ago, so I'm prepared to let the wheel spin and see what comes up. I still rate Barsky and expect he can do it. AIMVHO

Let the good times roll!

[nedhammers1] 01/3/2017 06:46

Thanks Budget ;-), not long now . The big question is to either sell ASAP or wait to see if the share price picks up. Will we get an indication what this will before they start to trade?? What will dictate the price?

[budgetbond] 01/3/2017 06:20

ned, they have to say that because that's what was stated in the Scheme of Arrangement document issued by Matra at the start of the process. Matra had to include a caveat just in case of an unforseen scenario occurred that stopped the listing. However, now that we've got to this point, the listing will happen.

[nedhammers1] 28/2/2017 23:41

Your probably right :-(

[supertedsmith] 28/2/2017 22:07

Don't be nervous .Just be ready to be disappointed or very angry .Whichever won't change anything

[nedhammers1] 28/2/2017 21:59

Thanks Super I will call him tomorrow, your a gentleman. I'm getting nervous now as the big day draws closer, just hope it's not as you predicted lol

[supertedsmith] 28/2/2017 21:43

Ned Insist in speaking to him personally in transfer dept - don't talk to anyone else .He knows all about Matra situation

[supertedsmith] 28/2/2017 21:41

Ned Garbage Who did you speak to ?Try to speak to Paul Davoren Call him on 01296439151.

[allend47] 28/2/2017 20:55

My shares are with Barclays and this is their response to my email to them


An email from Barclays Stockbrokers


Good Afternoon Mr Allen

Thank you for your email.

You are absolutely right, CDI's are listing on the Stockholm exchange and we are currently investigating this to collate a list of options for Matra shareholders.

Once we have all the possible options for you to consider, we will write out to you to see what you would like to do.

If you have any further questions, please let me know by email or by calling us on 0800 279 6551* or 0141 352 3909* and we'll be more than happy to help you.

[nedhammers1] 28/2/2017 16:45

Share centre just advised me they will not accept my transfer into them until matra start trading ..... the reason is there is not a 100% they will actually list!

[budgetbond] 28/2/2017 11:37

tackems, yes that's right. It will happen automatically in your share account once they list