Murchison United Nl Share Discussion Threads

[cyberian] 02/11/2004 13:17

Have been adding...looking for even more excitement to come...roll-on next Tuesday and beyond. Obviously critical the initial selections they are currently examining, but the new board are pretty savy and unlikely to dis-appoint. DYOR...

[noirprince] 02/11/2004 12:53

are u going to take the plunge and buy some????

[cyberian] 02/11/2004 08:13

Up again by 5% on 2 million volume in Aussie...price equiv. here 2.31 to 2.40, so a bit out of line with actual tradable levels here this morning..ie cheaper to buy in London.

[cyberian] 01/11/2004 09:48

Wish we had more followers on this name...perhaps it will happen soon? In Australia the share priced jumped 24.9% on T/O of just under 2.5 million after trading a respectable 5 million in total last week..so suggests something may be afoot? The price in Aust. is usually slightly cheaper but after todays move it is equiv. of 2.11 p to 2.27p...it did go as high as 2.47 offered down-under at one time. One to watch....could be very rewarding! Told by my broker that several MM's are bidding for stock and only one on the other side....on balance therefore the price appears firm and more likely to rise. We could get a stampede of interest soon if others pick-up on what the new management team are about...their credentials are fine as accountants (KPMG etc.), record good, and declared intention to create shareholder value. Also stated that they are looking at several opportunities, have fund raising skills, will use the dual listing and excellent name shareholder base including Morgan Gtee.

[noirprince] 31/10/2004 17:48

I obviously don't use the site as often as u, You seem switched on so keep the info flowing

[cyberian] 29/10/2004 14:38

Sorry...found out it contained nothing of key interest...just cash-flow for Q and the AGM notice for Tues. 9th Nov.

[cyberian] 29/10/2004 14:03

Noirprince...there is a price sensitive announcement today in Australia but my PDF download not working. Please go to www.asx.com.au and put in "MUR" under request for company info and then when page comes up, hit PDF sign...it is 6 pages long. Can you report/relay any useful info? Cheers

[cyberian] 29/10/2004 07:27

Another 1.7 million shares traded in Australia today...so interest is picking-up 3% rise....price in line with here...

[cyberian] 28/10/2004 18:11

Look at the heading...on advfn "recent news" item 2nd August..."board changes"....tells you what they plan to do and already have targets. You can also look at the Australian ASX site for them ...code is MUR down under....www.asx.com.au
The spread there is 4.4 cents bid...4.5 cents offered...a much tighter spread. There is some recent action in shares so some smart guys have similar thoughts as us...others may well catch on soon and try to ride what Featherby, and Reilly are about to activate. Speculative but could be a strong runner..a pure bet on the new management using this very interesting and appropriate "shell company"...appears to be a perfect vehicle with the dual listing etc.

[noirprince] 28/10/2004 17:44

Yes I agree there is something big in the pipeline for this one. I got my fingers burnt with Tom Girlie winnifred on this but thing the speculative punt is worth it.
It is hard to get any news from this but think it is worth a flutter.
No web site means news is hard to come by, if you hear anything cvberian post it and I will di the same

[cyberian] 28/10/2004 10:55

Are there no other followers out there? In Australia 1.6 million shares were traded today...so the company is getting some interest from those that Featherby and Reilly will weave their magic. Just look back at the Aug.3rd announcement...they are currently looking at opportunities...something could break at or more likely before the AGM on Nov.9th. With a market cap of about £3 million , dual listing and strong shareholder list PLUS the new team on the Board one would expect some positive action quite soon. Fetherby must have approx. £10 million holding in Regal which is now at £3.20 having had shares placed just over 2 years back at 64p...and Regal has a great deal more upside. Featherby is also a non Executive Board member of European Gold (EGU) which has just pulled-off an interesting increase in assets. MUU or MUR in Aust. is one to watch....carries some risk but one is looking at the new managers and the "shell" vehicle (MUU) they have chosen for some potentially very interesting developments. DYOR

[cyberian] 22/10/2004 14:42

Really odd mark-up by 10% suggesting some largish buy trades later perhaps. AGM Nov. 9th down-under...speculative but quite interesting. DYOR

[cyberian] 11/10/2004 15:15

See that 250,000 at 1.87p T trade was a delayed buy that caused the price to move accordingly this morning. Shares appear to be very closely held by some big players who are looking to inject more funds through a general offer or placement in event of a significant acquisition. That is the new management strategy and personally feel that this shell will move favourably in due course. DYOR

[blackbear] 09/10/2004 19:19

Not kidding i just saw a trade go through... LOL::::.

[noirprince] 09/10/2004 07:07

wish I bought in on this a couple of weeks ago when I had a gut feeling this was gonna happen.
This could be the target of shorters so I'll hang fire for a better price

[cyberian] 08/10/2004 14:30

Cant believe someone buys just 5,000 shares....the MM is definitely short of stock and the price could get squeezed higher. However, there must be a hint that the new management is close to some deal or proposal...patient are the brave! Believe more buys may appear later!!

[cyberian] 08/10/2004 11:05

Obviously Featherby and Reilly have some current plans to re-vamp this shell vehicle using its strong name shareholder base, clean balance sheet,and their commitment to add value. They are experienced operators and I guess with a related investment the tax benefits could be of further value. However, expect a capital raising exercise soon but here again IF they have selected a suitable aquisition or intend to reverse in some interesting assets we could move forward in the near term. A good entry level prevails even though the recent working capital sum raised was a modest figure and priced at 2 cents (0.9p) DYOR but you are basically puting ones trust in the new team, and again their record appears pretty robust.

[foofighter100] 08/10/2004 10:23

Last time we saw this come to life, we saw a few days of extensive gains. Is this the beginning of a few good days.

[initiate] 08/10/2004 09:48

Yes - only another 1000% till i get my money back !

Any news/rumours anyone ?

[feroza] 08/10/2004 08:37

up 17% (wow)

now 20% - RNS due?

[tibrahim] 29/9/2004 21:40

Annual report out today

[noirprince] 10/9/2004 14:20

Bageo do u know if muu have a web site and if so what is it



cancel found this

[bageo] 09/9/2004 17:17

Renison Bell mine now refloated on the ASX - nothing to do with MUU anymore

[noirprince] 04/9/2004 10:28

I still have a few shares in these(not worth anything obviously)

Is this a good time to get back in, at the bottom or do we hold on?

this seems to be the making of something big??

Does anybody have their web site?