Petro Matad Share Price (MATD)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Petro Matad	LSE:MATD	London	Ordinary Share	IM00B292WR19	ORD USD0.01

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.25p	-3.92%	6.125p	6.00p	6.25p	6.375p	6.125p	6.375p	1,132,905	11:47:01

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	15.3	8.8	3.1	2.2	19.38

Related Shares
Shell A (RDSA), BP (BP.), Nostra Terra (NTOG), Spitfire Oil (SRO)

Petro Matad (MATD) Latest News

Petro Matad News

Date	Time	Source	Headline
19/9/2017	11:15	DJN	Shares of Petro Matad Plunge 40% as Drilling Delayed, CEO Steps Down
19/9/2017	09:56	ALNC	Petro Matad Shares Fall Amid Leadership Shake-Up And Drilling Delay
19/9/2017	07:54	ALNCF	Alliance News Flash Headline
19/9/2017	07:52	UKREG	Petro Matad Limited Operational Update and Board Change
11/9/2017	17:00	UKREG	Petro Matad Limited Holding(s) in Company
11/9/2017	12:49	ALNC	Petro Matad Executive Director Amarzul Tuul Leaves Post
11/9/2017	07:01	UKREG	Petro Matad Limited Directorate Change
01/9/2017	14:42	ALNC	UPDATE: Petro Matad Swings To Interim Loss, Issues 16.8 Million Shares..
01/9/2017	14:29	UKREG	Petro Matad Limited Issue of Equity
01/9/2017	09:59	ALNC	Petro Matad Swings To Interim Loss, Prepares To Drill Blocks IV And V

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Petro Matad Takeover Rumours

Petro Matad (MATD) Share Charts

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Petro Matad (MATD) Discussions and Chat

Petro Matad Forums and Chat

Date	Time	Title	Posts
25/9/2017	13:54	MATD RISE OF THE PHOENIX	3,456
31/8/2017	17:07	MR EVILS ADFVN UNITED DRIBBLERS THREAD	2
05/6/2017	08:19	The Resurrection Of MATD	362
23/1/2017	20:10	Petro Matad	7,108
02/11/2016	08:52	Petro Matad (MATD) Shell is to pay Ј12m cash to disengage from its commitments	224

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Petro Matad (MATD) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
15:28:24	6.00	3,513	210.78	O
14:45:37	6.20	30,000	1,860.00	O
14:37:14	6.05	49,794	3,012.54	O
14:25:03	6.05	9,905	599.25	O
13:58:28	6.20	900	55.84	O

View all Petro Matad trades in real-time

Petro Matad (MATD) Top Chat Posts

Date	Subject
25/9/2017 09:20	Petro Matad Daily Update: Petro Matad is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker MATD. The last closing price for Petro Matad was 6.38p. Petro Matad has a 4 week average price of 5.63p and a 12 week average price of 5.63p. The 1 year high share price is 38.75p while the 1 year low share price is currently 2.45p. There are currently 316,473,908 shares in issue and the average daily traded volume is 6,850,163 shares. The market capitalisation of Petro Matad is £19,384,026.87. Read Full Thread Reply
11/9/2017 20:37	evil_doctor_facilier: Hello all. Right, so Bergen claim as at the 11th September to have had not sold any of their 16 million shares picked up at 7p. On the right hand logic would suggest they intend to sell the shares into the market otherwise why execute the warrant? Save them believing the price was running away it would make no sense to execute the warrant just to sit on them having the effect of sending the share price lower. Meanwhile on the other hand, I would have thought that they would have sold at least a tranche of shares already if selling immediately into the market was their plan. I admit to always being skeptical of Bergen holding RNS declaration , make of that what you will. That said,Cantor have not been overtly aggressive on the offer since the 7th, at least not to the extent they have dominated this share since the death spiral funding announcement. All afternoon the bid was 10.71 and the offer 10.75 suggesting no significant overhang in shares. So what to make of all this? Well you would expect the shares to move forward once the actual spudding date is announced sometime over the next 2 weeks. Although maybe September is now looking a tad overoptimistic for the actual spudding to commence, that could cause a mini blip in the price??? Therefore a cautious optimistic outlook remains to the extent you can be optimistic about AIM O&G exploration companies wildcat drilling. However i believe we need the actual date before meaningful movement to the north. Not one to bet the house on obviously,more your doormat, but there should be good solid action both ways in the coming weeks. I remain a holder. Read Full Thread Follow Reply
15/8/2017 12:09	evil_doctor_facilier: iLeeman 15 Aug '17 - 12:00 - 1786 of 1787 1 0 MATD looking good, so much for it is not going to move Evil lol +15% ------------------------------- It usually is customary before you state someone has made a statement that they actual did make that statesmen in the fist place!!! The truth could not be further from the truth could it leeman? Only one person on this thread who posted last week that the share price would spike and let's but it polity it wasn't you and your now very elusive shy charts was it now? Would you like to see it? Read Full Thread Follow Reply
15/8/2017 10:48	ileeman: I mean its fairly obvious it was going to fall after a 1000%+ rise, do you even need a chart to predict that lol I like the story on MATD and like the current share price for an entry, news today was positive and more news due, chart is a bonus. Read Full Thread Follow Reply
15/8/2017 07:59	evil_doctor_facilier: This looks quite transparent . Bergen who are contractually locked into monthly funding are sat on 17 million shares at a huge loss in a company that's equity price is falling almost everyday. Considering the company themself are not locked into the monthly finance, and could have just said to Bergen no thanks until October so therefore , it would appear quite clear who has pressured the contract amendment. I remain a little perplexed by the company stating that it wants to minimise dilution after issuing circa 18 million cut price shares in just a few months and indeed in very the next sentence announcing another 1.5 million cut price convertible warrants being issued? Is it not the case that Bergen are up the creek here and have said enough is enough until somehow you can spin the share price higher? Read Full Thread Follow Reply
01/8/2017 10:27	evil_doctor_facilier: We are witnessing somewhat of a groundhog day experience on Matd yet again. Firstly the share price is walked down to 8.5-9p, then some very suspicious looking 100k= buys come flying in randomly that sparks PI buying. A million or so are sold by cantor ,then suddenly the share price is quickly slashed down aggressively by them. Rinse and repeat! We have seen 3 times now in last few weeks. Classic mm ruse to shift a share overhang... At the risk of repeating myself, do not believe the movement in this share as sustainable until Cantor cease these games. What's more, i suspect the overhang number of shares could well increase. If it does, these games will not be ending anytime in the next few months. This has a distinct whiff of some calibration with a large shareholder who wants to sell on the quite. Who could meet that criteria i wonder? Read Full Thread Follow Reply
21/7/2017 09:28	mattjos: folk are obsessing about Bergen and past funding deals & drawing the wrong conclusions. Why would Bergen sell all their stock now, create a falling share price and then not benefit from any of the potential upside from the drills? They know the market will be here in droves as the drill starts because the prize is just too big to be ignored. That is more likely the time when they will look to trim their holding but, by then the share price will be much, much higher than it is today as the excitement builds. There will be huge demand then for Bergen to trim a proportion. At this stage, having the funding in position in the run to the drill is the best thing the company could have done .... people also need to consider that if they hit a huge gusher, they will also need money to manage that event & that availability of cash will help ensure they can remain independent & negotiate any farm-out from a position of strength. think about it logically folk rather then blindly sell. I suspect that Holdings RNS will now encourage earlier 'sell on Bergen news' to buy back Read Full Thread Follow Reply
18/7/2017 16:55	evil_doctor_facilier: I am personally at a complete loss how on earth this individuals formed the opinion that Bergen would not take advantage of the low share price to excise its option to purchase the monthly $1.2 mil of stock? Moreover the funding agreement is actually set up for Bergen to do this Monthly. Is it not the case that last week large volume buying, specifically Thursday and Friday had no impact on the share price whatsoever and small volume sells instantly had the MM's running away from the bid. Where prey did all that stock originate from? Until Aim companies stop selling their shareholder down the proverbial river with suicidal funding exampled here, then they do not warrant any interest from investors whatsoever. Clearly the presentations timing is at very best suspicious and i suspect 'positive' news flow will inevitable be followed by these transactions. Clearly no one is going to win here save Bergan.... I would put forward as reasonable argument that you would have greater odds achieving a positive financial outcome playing 'pea in the shell' at Oxford street than owning these shares!!! Read Full Thread Follow Reply
18/7/2017 16:36	evil_doctor_facilier: Regarding today's issue of shares at 7p after Bergen selling and i suspect buying as well to create smoke and mirrors all last week . How on earth this man has the temerity to criticise the quality of others posts is amazing! Mattjos 13 Jul '17 - 22:15 - 1646 of 1658 0 1 Bergen & associated parties are specifically prevented from shorting the stock but, not prevented from going long the stock at this stage of the proceedings, are they? What stops them being a buyer / trader now with bias to being long the stock in the run to the drills? An upward trend on the share price in the coming weeks will suit them on that tack & suit the company also.. gains on that tactic merely help them achieve ending up being at least flat, if not in profit, on the funding deal ahead of the drill results and everything thereafter is jam for them. ---------- Mattjos Bergen are currently averaged at something around 30p, are they not? Think they are selling now for a 60% loss? --------------------- Mattjos 13 Jul '17 - 12:30 - 1643 of 1659 0 0 lol ... look at Bergen's average to date ... you think they'll be wanting to sell them at less than 40p? -------------------------------------- Mattjos Bergen are averaged very considerably higher than the current share price & are barred from playing the short side also. Surely they cannot risk seeing the stock price continuing to trend lower below their average, just in case the first drill is a duster. Read Full Thread Follow Reply
25/6/2017 12:27	smithless: prettybullish - back end of last year the mgt stated no reason for the share price going up! You could say forewarned. A lot of wild momentum trading took the share price from 3p to crazy heights earlier in the year -it was based on virtually nothing. It stated it had $6m of cash back in January, which would imply a cash burn of $0.6m per mth. Had a further $5m from Shell since (this has to be repaid if a farmin happens) and $1.2m from Bergen ($2m from the conv hasn't been announced so not included). I suspect it has used another $3m in cash since January, so... 6+5+1.2-3=$9.2m for a drilling campaign. This isn't anywhere near enough, that's why it did a deal with Bergen. Will Bergen be selling? yes. What's is acceptable level for the management to see its share price fall to? 1p IMHO. It has no choice. These are wildcat drilling's in a remote part of the country, with no infrastructure and no history of a discovery even being made in the two blocks or anywhere near them. Very high risk, with about a 3% chance success and that's before a viability study, if they are lucky. I can't see Bergen taking this sort of risk, therefore the likelihood is the share price will weaken or if any news flow Bergen will sell into it. As for a farmin, its not going to get better terms than BG and it would have to repay $5m to Shell. Could be lucky, but investors should be realistic Read Full Thread Follow Reply
09/12/2016 11:58	mrjackpot777: Petro Matad Limited Share Price Movement and Result of AGM 09/12/2016 11:55am UK Regulatory (RNS & others) Petro Matad (LSE:MATD) Intraday Stock Chart Today : Friday 9 December 2016 Click Here for more Petro Matad Charts. TIDMMATD RNS Number : 4679R Petro Matad Limited 09 December 2016 9 December 2016 Petro Matad Limited ("Petro Matad" or the "Company") Share Price Movement and Result of AGM Petro Matad notes the recent movement in the Company's share price and can confirm that there is nothing further to update since the Company's updates on 3 November and 16 November 2016. The Company continues to expect that the approval from the Mongolian Government of the reassignment of the interest in Blocks IV and V is likely to occur before the end of 2016. Following the approval, Petro Matad will hold 100% of Blocks IV and V, and a payment of USD$5 million will be due to the Company from Shell. The Company's formal farmout process is in progress. There is a significant amount of interest expressed in our blocks and several companies are now reviewing the information in the data room. Therefore, the Company has extended the bid deadline to February 2017. Result of AGM The directors of Petro Matad announce that, at the Company's annual general meeting held today in Mongolia, all resolutions put to the meeting were duly passed. Further updates will be made in due course. Read Full Thread Follow Reply

Petro Matad share price data is direct from the London Stock Exchange

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