Matra Petroleum Share Discussion Threads

[rodneyfoster] 19/9/2017 10:14

Cant see 15 sek though

[maceman] 18/9/2017 22:58

Think you might have hit the nail on the head mate. After all these years, this could've always been their end goal, whilst living happily with a decent wage.

[beggarman] 18/9/2017 21:43

It doesn't matter we would be bought out at the time of the sale. The current management will not take it private because they will not have a source of funds. I believe they listed the company because it was the only option open to them to raise some cash.

[rodneyfoster] 18/9/2017 20:54

Going private ?What then ?

[beggarman] 18/9/2017 20:12

It depends who buys it. If an unlisted company was to buy it our shares would be cancelled and we would be paid an agreed amount, say 15sek per share. If a listed company buys the company we would receive shares in the new company. The shares are likely to be suspended while a deal is done.

It would explain why they have valued the proved reserves at $75m instead of the $145m as per the independent valuation last year, this way the prospective buyer gets a bargain. The business is worth $100m but is valued on current fundamentals at $30m, the market value today is $35m.

[rodneyfoster] 18/9/2017 19:14

When I used to talk to someone from Matra in old days - who shall remain nameless - he always gave impression they wanted to sell up .What are implications for us if they sell up ?

[beggarman] 18/9/2017 17:57

Just a thought, what if they are planning to sell the company. Drilling appears to have stopped probably because they have run out of money but they are making no attempt to raise any funds. The major shareholders can sell their shares from the 20th October onwards. The drills they have completed this year could have been window dressing to improve production and interest potential buyers.

[beggarman] 18/9/2017 16:14

On the right hand side towards the bottom of the page.


hxxps://www.nordnet.dk/mux/web/marknaden/aktiehemsidan/index.html?identifier=136267&marketid=11

[rodneyfoster] 18/9/2017 15:54

Where do you see broker details

[beggarman] 18/9/2017 14:49

Carnegie Investment Bank.

[rodneyfoster] 18/9/2017 14:32

Which broker are you talking about

[beggarman] 14/9/2017 19:15

Facts, Carnegie bought 13223 shares today. If they are buying for one client, the client has invested around £50k so far.

[rodneyfoster] 14/9/2017 19:07

BeggarmanWhat do you base info on?

[nedhammers1] 14/9/2017 18:13

Got to say that signals are looking good here ;-)

[maceman] 14/9/2017 17:48

Good info Beggarman.

[beggarman] 14/9/2017 17:41

Carnegie bought another 13k shares today, still no sells.

[nedhammers1] 14/9/2017 17:40

God knows, but there might be some light at the end of the tunnel. It would be great for those that have stuck in there, I bailed, but fortune favours the brave ...... I miss you Rodders ;-) x

[rodneyfoster] 14/9/2017 17:36

Something happening ?

[rodneyfoster] 14/9/2017 15:30

NedbabyWhat is going on here dost thou think

[maceman] 14/9/2017 08:31

I'll go for 7.4. I remembered this morning that their delist and relist cost me 70%. Shocking really.

Reckon we will get some form of news/update in the next couple of weeks.

[rodneyfoster] 13/9/2017 20:47

There's always another RTO scenario

[beggarman] 13/9/2017 19:14

I'll settle for 24 then.

[rodneyfoster] 13/9/2017 19:06

24 or 4One or other No way 15

[beggarman] 13/9/2017 18:14

I'd settle for that.