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Magnolia Pet Share Chat (MAGP)



Share Price: 1.05Bid: 1.00Ask: 1.10Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.10Spread as %: 10.00%Open: 1.05High: 1.05Low: 1.05Yesterday’s Close: 1.05


Share Discussion for Magnolia Pet (MAGP)


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bakoven
Posts: 3,459
Off Topic
Opinion:No Opinion
Price:1.05
jr71
Today 10:16
Thanks jr71.
Mission Creep.
1.024 to 1.031.
I'll no doubt see the next bus stop tonight.
 
Aim_Oilman2
Posts: 286
Off Topic
Opinion:No Opinion
Price:1.05
Astute
Today 08:30
I think the Board have been very astute offloading these assets, they provide minimal revenue and are probably more of a hindrance than a help. Although the proceeds havnt amounted to much its all revenue that can be recycled for better use.
MrEnglish
Posts: 648
Observation
Opinion:No Opinion
Price:1.05
View Thread (3)
RE: Morning all
Today 08:27
I was seeing the same picture with respect to the live prices yesterday so believe that both the large trades were buys, although not obvious from simply looking at the actual trade prices.

Indeed, where are they getting these shares from??? Not me that's for sure.
jr71
Posts: 403
Off Topic
Opinion:No Opinion
Price:1.05
View Thread (3)
RE: Morning all
Today 08:27
jr71
Posts: 403
Off Topic
Opinion:No Opinion
Price:1.05
View Thread (3)
Morning all
Today 08:24
Looks like some one sees the value in magp. Definitely getting value as it would seem they are buying at a discount.
Dummy buy and sell yesterday afternoon were at 1.08 to buy and 1.021 to sell. This morning was 1.09 to buy and 1.24 to sell with mms taking 1.4 mil in one chunck at 1.024.
Yesterday am over 1mil was NT.
Will we see more buying today???? And where are they getting the shares from?
MrEnglish
Posts: 648
Observation
Opinion:No Opinion
Price:1.05
View Thread (3)
RE: Auctions
Today 08:22
The realised value is neither here or there, so looks like nothing more than a simplification of assets; no major percentage play amongst those sold. Leaves a dozen or so interests in Texas / Alabama / Florida.

In short, MAGP is clearly maintaining the focus on Oklahoma and North Dakota. The Texas assets were/are a legacy of the original company holding and probably cost more to manage then they actually produce, so just good management having a tidy up.

Warning:
This is obviously going to have an impact on the headline figure for the number of producing wells come the next update. Lets hope the MAGP PR machine makes it very clear what has happened otherwise those with 'limited knowledge' will no doubt assume the company has gone into reverse.
Robsky
Posts: 2,910
Observation
Opinion:No Opinion
Price:1.05
View Thread (2)
RE: Oh i missed some trades
Today 08:09
get in soon lol
neat
Posts: 3,192
Off Topic
Opinion:No Opinion
Price:1.05
View Thread (2)
Oh i missed some trades
Today 07:50
Buys or sells look like an auction from the bb?

Any ideas anyone?
Poacher886
Posts: 981
Off Topic
Opinion:No Opinion
Price:1.05
Selling off assets
Wed 23:03
Sorry guy's, Ref: UBS, i was being sarcastic..doesn't relay on a BB very well!..

...As for selling assets, could be fund raising without share issue to fund phase 2........operator status!
Robsky
Posts: 2,910
Off Topic
Opinion:No Opinion
Price:1.05
View Thread (3)
RE: trades+other
Wed 22:40
Thanks for the lease information the EO580 is becoming very popular.

I had a quick look at the GIS server and it looks very good, need some more time on it.

up early doors 4.15am so night all lol.



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