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Max Petrol Share Chat (MXP)



Share Price: 1.285Bid: 1.23Ask: 1.34Change: -0.005 (-0.39%)Faller - Max Petrol
Spread: 0.11Spread as %: 8.94%Open: 1.25High: 1.285Low: 1.21Yesterday’s Close: 1.29


Share Discussion for Max Petrol (MXP)


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get_rich_quick
Posts: 3,575
Off Topic
Opinion:No Opinion
Price:1.40
View Thread (2)
RE: Get Rich Quick
3 Jul '14
No problem.

I think wires were crossed and confusion was galore.

I'm sure we're all singing from the same song sheet so c'est la vie.
 
georgesaa
Posts: 1,278
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (2)
Get Rich Quick
3 Jul '14
yes agreed re buys, big here, considered small elsewhere.
Im in here, caught the falling knife from 3.79, thinking i'm clever at getting in at the bottom... hey ho, AIM shares in the bottom drawer... my view is its gonna be a long slow crawl out of the pit to get back to anywhere near cut my losses time... hence my earlier comment for my personal situation.
2Phones
Posts: 47
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (8)
RE: Drainboy
3 Jul '14
No problem - I think we are all pulling in the same direction. Oh, and sue away - you know where my money is :(
Drainboy
Posts: 105
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (8)
RE: Drainboy
3 Jul '14
get_rich_quick, no offence taken :) I am reasonably confident that this is worth more than the current shareprice, long term. How much more and how long term is the difficult question.

2Phones, I wasn't having a go, just trying to understand get_rich_quick's comment. However, lawyers are now engaged. Expect suing imminently (it's the only way I'll get my money back from investing in Max)
get_rich_quick
Posts: 3,575
Off Topic
Opinion:No Opinion
Price:1.36
What the heck.
3 Jul '14
Yes, I was relying to George.

I was only commenting that there has been some heavy (heavy in the world Max) buys.
2Phones
Posts: 47
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (8)
RE: Drainboy
3 Jul '14
I misread the RNS admittedly but the link gave all the correct info - so sue me - think that GRQ was responding to Georgesaa not you.
get_rich_quick
Posts: 3,575
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (8)
RE: Drainboy
3 Jul '14
Apologies. Please don't take offence. I'm 'invested' here and I'm tying to weigh up pros / cons, and I suppose ultimately, is it jut worth selling at a loss and not suffering more of a drop?
Drainboy
Posts: 105
Off Topic
Opinion:No Opinion
Price:1.36
View Thread (2)
RE: Uytas.
3 Jul '14
28mmbo OIIP from a field they're trying to deem whether is commercial or not and how to get the oil out.
At 20% recovery rate, that's a healthy 5.6mmbo recoverable, which might add 50% to Max's 2Ps eventually, but cannot possibly treble their 3Ps

If they find a way of getting the oil out commercially, then this will certainly bolster the share price.
Drainboy
Posts: 105
Off Topic
Opinion:No Opinion
Price:1.42
View Thread (8)
RE: Drainboy
3 Jul '14
get_rich_quick, what did I comment on apart from the last known net debt position, to correct someone who had answered another posters question wrongly?
2Phones
Posts: 47
Off Topic
Opinion:No Opinion
Price:1.42
View Thread (8)
RE: Drainboy
3 Jul '14
The thing about loans is that Banks expect to get their money back and then some. They go to great lengths to ensure that this happens. So they must have seen the ability to meet the debt. Whether there is anything for the rest of us remains to be seen but I believe that this will come good.



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