Matra Petroleum Share Discussion Threads

[beggarman] 20/4/2017 08:21

According to Dagens Industri it dropped 20% on opening, they must have placed it at 10sek. There has only been 2000 shares traded in the first quarter of an hour.

[rodneyfoster] 20/4/2017 08:14

Early days beggarmanI am if anything around 10 .Are you getting out

[beggarman] 20/4/2017 08:11

Thought as much.

[beggarman] 20/4/2017 07:37

Brian - According to the financial reports Rovelo and Forstinvest are locked in for six months, no mention of anyone else.

[brian boru] 20/4/2017 07:32

would there not be a lock in period?

[beggarman] 20/4/2017 07:29

ned - The average price paid for the shares was 8sek, if they paid 7sek and the opening bid price was say 14sek, they would double their money in a short space of time. Its called flipping and it went on a lot during the dot.com boom.

[nedhammers1] 20/4/2017 07:27

Thanks Beggarman, so my point is if they have invested prior to listing, unless they have bought at highly reduced price why would they dump their shares? Anyway not long now ...... Wish us all the very best. Please don't live up to our expectations lol

[beggarman] 20/4/2017 07:26

budget - I don't know anything about them, I just pulled them from the shareholder list on the website. There are other smaller Swedish shareholders not shown by name.

[beggarman] 20/4/2017 07:22

ned - They have raised $5m prior to listing and have issued shares to the subscribers, these subscribers appear to be Swedish investors plus Fireeast.

[budgetbond] 20/4/2017 07:20

Beggarman, do you know anything about the two largest Swedish shareholders you referred to yesterday?

[brian boru] 20/4/2017 07:12

morning Ted

[rodneyfoster] 20/4/2017 07:03

So we hold 19% % of shares but no mention of opening price -

[bunishasha] 20/4/2017 06:56

just received....

Matra Petroleum AB: First day of trading for Matra Petroleum's shares on Nasdaq First North

The trading of shares in Matra Petroleum (publ.) ("Matra Petroleum" or the "Company") commences today on Nasdaq First North.

The Company has 39,675,217 shares outstanding shares held by approximately 5,300 shareholders.
Trading in the Company's shares on Nasdaq First North commences today, 20 April 2017, under the ticker symbol "MATRA". The ISIN code is SE0009696040.

"Pursuing a listing in Stockholm is an exciting next step for Matra, by which we expect to benefit from a broader shareholder base, increased awareness and access to the capital markets. I look forward to taking part in the Company's continued development as a listed company" said Maxim Barskiy, CEO of Matra Petroleum AB.


For more information, please contact:
Eric Forss, Chairman, Matra Petroleum AB
Phone number: [phone]
E-mail: [e-mail]

*About 19% of the shares were issued as Crest Depositary Interests (UK securities that represents shares in the Company)

[nedhammers1] 20/4/2017 06:27

Beggarman so they bought whilst Matra was listed on the AIM? I will just have to sit on mine and hope that the board pull a rabbit out of a hat over the next 12 months

[haroldthegreat] 19/4/2017 21:38

Will it be possible to put the share price chart on here?

[beggarman] 19/4/2017 21:26

ned - If you go to the Matra Petroleum AB web site and look at the list of shareholders, you will find a number of Swedish shareholders. Rothesay and Filip Engelbert are two of the largest.

[nedhammers1] 19/4/2017 21:20

Why would Matra have Swedish investors dumping shares when it was listed on the AIM market in the UK have I missed a trick?

[beggarman] 19/4/2017 21:16

I thought they may go for 25sek so that they could make some all share acquisitions but some shares were recently sold for 10sek, so I can't see it listing much above that.

[doxford] 19/4/2017 21:09

10 sek

daylight robbery as predicted by ted so many times.

[beggarman] 19/4/2017 20:45

Yes, because if you look at the list of shareholders in Matra Petroleum AB, Rovelo and Forsinvest are locked in for six months but Fireeast and Winpro are not. It would not surprise me that there will be some event in the next six months that improves the share price and Fireeast/Winpro sell out.

If I can get 10sek or above tomorrow I'm off!

[rodneyfoster] 19/4/2017 20:40

Beggarman Have you considered there could be a dump and pump scenario going on here .

[beggarman] 19/4/2017 20:29

Computershare, I checked the web site tonight but they state that the shares cannot be traded. I'm hoping this will change in the morning.