Matra Petroleum Share Discussion Threads

[beggarman] 31/5/2017 07:26

At the current exchange rate of 11.18sek/£, I make 50p to equal 5.59sek. 4sek not that far off then!

[rodneyfoster] 30/5/2017 18:39

Shares currently sub 0.03 old money

[beggarman] 30/5/2017 17:24

The ask price came down to 7.15sek and then we had six buys. There was good volume on the buy side today, we had the 42,000 buy earlier on but it vanished this afternoon. It looks like a lack of sells but the algorithm they use does not raise the price to draw more sellers in, unless they are deliberately manipulating it for some reason.

[rodneyfoster] 30/5/2017 17:11

Unless buys all sells beggarman ?

[rodneyfoster] 30/5/2017 16:51

MB dumping his shares?

[rodneyfoster] 30/5/2017 16:43

I agree most odd.Please not another RTOWhat other explanation beggarman ?

[beggarman] 30/5/2017 16:39

At the finish 12,820 buys/4,985 sells, price drops 5.9%. There must be something else to this.

[beggarman] 30/5/2017 16:28

It's a bit early for a placing, they will not need to raise financing until September/October time. Barsky is trying to avoid a placing by refinancing the debt, which will take a few months.

Something is not right.

[rodneyfoster] 30/5/2017 16:17

New share issue to raise money ?

[beggarman] 30/5/2017 15:52

It's being held back!

[rodneyfoster] 30/5/2017 15:49

Yes smallest sell falls Big buys nothing Whats going in do you think ?

[beggarman] 30/5/2017 15:25

9,070 buys/4,985 sells and yet the share price drops by .45 or 5.9%. Something not right here!

[beggarman] 30/5/2017 14:30

Somebody has just bought 5,000 and it hasn't moved the share price at all.

[rodneyfoster] 30/5/2017 14:12

Beggarman You were totally right .No momentum or need to drive share price up so only one way it is moving

[rodneyfoster] 30/5/2017 13:17

Ned Sp consistently falling.Doubt if could get that price now

[nedhammers1] 30/5/2017 11:18

Rodders you were spot on only have 4200 odd shares it was a mistake on the letter, just got a quote of 50p a share to sell, £12.50 commission and £50 charge would leave me with just over £2000 :-(. Not sold yet ....

[beggarman] 29/5/2017 16:17

There are no UK sellers because of the Bank Holiday, see what tomorrow brings.

[rodneyfoster] 29/5/2017 16:01

Beggarman Of the case - Doesn't tally with share price today

[oilfinder1] 29/5/2017 15:04

hxxp://www.affarsvarlden.se/bors-ekonominyheter/erik-penser-hog-kurspotential-i-aktien-men-till-hog-risk-6851548

[beggarman] 29/5/2017 14:59

They are buyers on the ask, looking for sellers on the bid.

[rodneyfoster] 29/5/2017 14:20

Surely the opposite .Lots of sellers ready to sell up @7.7 but no takers .If it were to go through share price would crash

[beggarman] 29/5/2017 14:15

Should help, perhaps it will go through towards the end of trading.

[rodneyfoster] 29/5/2017 14:09

42k ask @7.7