Matra Petroleum Share Discussion Threads

[beggarman] 09/5/2017 13:56

I think the question is, will it hold at 5sek? Probably not.

[nedhammers1] 09/5/2017 13:50

Going down see this slowly going down to 5 sek before long

[nedhammers1] 08/5/2017 07:19

Thanks Rodney, think you did say before 😁

[rodneyfoster] 06/5/2017 20:20

Ned Just use this link-http://www.nasdaqomxnordic.com/shares/microsite?Instrument=SSE136267

[nedhammers1] 06/5/2017 15:52

Thank you doxford

[doxford] 05/5/2017 23:48

8.0 down 7.5%

[nedhammers1] 05/5/2017 22:53

Anyone know what Matra closed at please?

[nedhammers1] 05/5/2017 14:10

fbrj - i was a bit of a sceptic and it's great to have a balanced view, interesting to see what happens at the end of the month I'm expecting a dilution to raise more funds not sure how that will help us with our investment over the next 12 months

[papillon] 04/5/2017 22:22

"One other thing I just do not understand - this obsession with comparing the share price with 3 years ago. Life and the POO has moved on since then. Just be thankful you weren't invested in other AIM oil explorers in N America - eg CAZA, MAGP, RRL, or others in the US like Dune Energy - all gone bust or nearly so. At least MTA is alive....."

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Very true, fbrj. I held CAZA & MAGP, but fortunately got out before their sp's collapsed. Made a profit at MAGP when they went from 2.5p to over 4.5p, but made a loss on CAZA, but fortunately only a small one. CAZA's collapse was spectacular; from a stock market favourite to bust in a very short period of time. They had too much debt which brought them down when the PoO collapsed during 2015/2016. MAGP have a rag bag of tiny %age stakes in numerous wells; they to have debt. MTA have significant debt and could be under pressure to survive if the PoO continues to fall. MTA's future; whether it survives and prospers, or goes the way of CAZA depends on the PoO.

[papillon] 04/5/2017 22:11

WTI down 4.8% and BRENT down 4.7%. Not good news for any oil share.

[fbrj] 04/5/2017 20:22

Rodney/Ted...once you are out, where will you be focusing your attention? I only ask because I think I'm correct in saying that, over the last 3 years or so, you have made about ADVFN 2000 posts all on MTA (and a couple on UEN) and that's it! Some might think that is something of an obsession! Do you own any other shares and if so why don't you ever comment on their BB threads or is MTA the one and only share you hold? Some of us might like some prior warning where you might pop up next.......

Anyway I wish you well - I'm here for the long haul, seeing I've managed without being able to trade MTA for several years I might as well see if they can pull a Scandinavian rabbit out of the hat! I'm sure most of us had mentally written these off.

One other thing I just do not understand - this obsession with comparing the share price with 3 years ago. Life and the POO has moved on since then. Just be thankful you weren't invested in other AIM oil explorers in N America - eg CAZA, MAGP, RRL, or others in the US like Dune Energy - all gone bust or nearly so. At least MTA is alive.....

[beggarman] 04/5/2017 18:47

100egs - I'm struggling to transfer my shares to a broker who can trade them. Then I'm off!

[rodneyfoster] 04/5/2017 18:15

100eggsI am off as soon as anywhere near 12-13sek - if it ever happens

[100egs] 04/5/2017 18:14

Has anyone here actually sold up ? as far as i can tell all the im off on relist brigade are still holding.
fwiw i dont see any big selling just yet, i think most are so far under just like me its not worth it.

[rodneyfoster] 04/5/2017 18:06

Think most are waiting .Also see 8 sek as being safety net .For moment .I know another PI who for sone bizarre reason is buying large amounts .she's probably holding up price

[papillon] 04/5/2017 18:04

Big drop in the PoO today. Brent down 3.9% currently @ US$48.81

[beggarman] 04/5/2017 17:55

I think we have to bear in mind that 4.7m shares are held by private investors and they have not been able to trade them for three and a half years. Excluding investors who wish to continue to hold, it still leaves a lot of potential sellers out there.

[beggarman] 04/5/2017 17:43

It's hard to say, the point is what will the share price be in the run up. If its 4sek in a fortnights time, 6sek would be good. The big selling has not started yet, I think that's down to delays in getting shares transferred.

[rodneyfoster] 04/5/2017 17:29

Beggarman What price would s may 23 good news

[doxford] 04/5/2017 13:37

In a new and very different ball park with this lot now but somehow the same old question is with us. What happens next?

[beggarman] 03/5/2017 21:28

If you go to the web site, under investor relations there is a calendar and shows all the important dates.

[rodneyfoster] 03/5/2017 20:12

Where do you get confirmation of 23 from?

[rodneyfoster] 03/5/2017 10:04

When are they out ?