Matra Petroleum Share Discussion Threads

[rodneyfoster] 11/7/2017 10:08

Did they release up date to prop up share price for possible new placing

[doxford] 11/7/2017 08:21

At lest they are talking and the update does actually shows signs of a revival.

[beggarman] 11/7/2017 07:22

Thanks 100egs, based on the update I would expect Q2 revenue to be similar to Q1 because of the drop in the price of oil. No mention of financing, we will have to wait and see how the market reacts.

[100egs] 11/7/2017 07:08

update out

[beggarman] 10/7/2017 13:58

There are only two options, re-finance the debt at a lower interest rate and slightly increase borrowing or a placing.

[rodneyfoster] 10/7/2017 13:52

Where's money for all these drills coming from

[beggarman] 09/7/2017 21:31

We have two more intents to drill, taken from today's Amarillo Globe:

Intents to drill

HUTCHINSON (PANHANDLE, Hutchinson County Fld.) PG-M International Operating, LLC, #324 C.L. Dial et al, (5973 acres) 2151’ FSL &394’ FEL, Sec 1, Blk 1, H&GN Surv, A-50, 4.8 mi SE from Stinnett TD 3900’ (sgd. Taylor Hickman 806-274-9517) Vertical Amended

HUTCHINSON (PANHANDLE, Hutchinson County Fld.) PG-M International Operating, LLC, #304 C.L. Dial, et al, (5973 acres) 1100’ FNL &1320’ FWL, Sec 90, Blk Z, GC&SF Surv, A-663, 4 mi SE from Stinnett TD 3900’ (sgd. Taylor Hickman 806-274-9517) Vertical Amended

I make it $3.6m in drilling costs at the moment to drill 12 wells. They must be confident of obtaining finance from somewhere.

[rodneyfoster] 09/7/2017 20:37

Even with last weeks mini recovery shares still trading at around 0.025 old money

[beggarman] 09/7/2017 13:47

declan - The bid price was around 5.3sek on Friday and the exchange rate is around
11.06sek/£.

[declanmclaughlin] 09/7/2017 13:37

Hi guys.
I have new shares in MTA AB of 1,300,000.
Can anyone tell me what they re worth please?
Yes I should know but just asking please.
Thank you.

[declanmclaughlin] 09/7/2017 13:36

Hi guys.
I have new shares in MTA AB of 1,300,000.
Can anyone tell me what they re worth please?
Yes I should know but just asking please.
Thank you.

[beggarman] 07/7/2017 16:48

I'm still baffled with regard to what's going on here but the last two day's have been an improvement.

[rodneyfoster] 05/7/2017 20:16

I totally agree recent trading patterns do not tally with Sp performance .

[beggarman] 05/7/2017 19:46

If the market was working on the volume of buys versus sells the share price should have risen today. There has to be something more to it and the market is pricing it in. They could pick up news by analysts interviewing the directors and reading something between the lines. It could be that the company will not talk to analysts and that is being construed as negative.

[rodneyfoster] 05/7/2017 17:36

Fair enough .But how would they be privy to bad news .Technically insider info if the case

[beggarman] 05/7/2017 17:16

My own interpretation is that the brokers don't want these shares, they are keeping the bid low to discourage sellers and they are also keeping the ask low to encourage buyers. I suspect there is bad news on the way, probably low production in quarter 2 or low revenue due to price of oil.

[beggarman] 05/7/2017 16:53

The share price rose to 5.2sek on the buys but the 6,233 sells actually moved the share price down over 8%, I find this incredible.

[beggarman] 05/7/2017 16:50

We have had 22,671 buys and 6,233 sells and the share price is down .14/2.86%.

[beggarman] 04/7/2017 11:46

Share price hasn't moved. We have around 10,000 on the ask, I bet they don't go through.

[beggarman] 04/7/2017 11:44

It's gone through.

[rodneyfoster] 04/7/2017 11:30

15k bid @4.9

[beggarman] 04/7/2017 10:10

Even better 10 shares bought and price decreases 2%.

[rodneyfoster] 04/7/2017 10:01

It's cause they miscalculated yesterday -

[doxford] 04/7/2017 09:09

One trade of a mighty 500 shares shifts the share price 3% NORTH?

[rodneyfoster] 03/7/2017 16:49

Some big sells going through -Coupled with that mad day last week on 136k volume Oddish