In 2010/11 it seemed that company internal information was easily leaked spurring respective market reactions. The question is whether MATD has been able to put a lid on those leaks or not. If not, the current situation would seem less encouraging.
23 Sep '14
Very interesting stuff...
my news starts with my last buy. 100k shares at 2.95 See below Sep 2014 BUY MATD LSE 100,000 2.95 2,962.50 20SK15F Both lse and advfn showed this BUY as a sell. Strange I though. I looked into matters further. A number of buys recently have been shown as sells. That matters not to me. I'm quietly accumulating and will tell you why. MATD has licence to an enormous area previously nicknamed 'Starlin's oil fields' after World War Two. MATD has enough to fund two shallow drills and are relying totally on a farm in/farm out to make good any claim to oil. They have a skeleton staff who aren't getting paid. They have agreed to accept shares in loo. This scenario cannot continue forever. Something has to give soon, even if that something is selling their licence. When MATD moves north in goes at breakneck speed. My last sortie here led me to buying a total of 100k shares at prices between 43p and 85p. I sold out at £1.70. This time I'm accumulating half a million and ready to sell in the 20s. Totally achievable; and achievable this side of Christmas. After all the workers at MATD will need money to buy their Christmas dinner won't they?
22 Sep '14
I'm just glad this share is still awake. I'd got bored of no news and a share price yo yo of 2.7 to 3.25 for the last few months. The fluctuation will probably continue but at least we know the board hasn't run for the Mongolian hills yet with our investment!!
22 Sep '14
not much to report really - anyone?
10 Sep '14
Some action brewing?
Some unusual buys and sells going on over the last few days. Is something finally going to happen re farm in/farm out?
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