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Max Petrol Share Chat (MXP)



Share Price: 1.28Bid: 1.26Ask: 1.30Change: -0.01 (-0.78%)Faller - Max Petrol
Spread: 0.04Spread as %: 3.17%Open: 1.28High: 1.28Low: 1.26Yesterday’s Close: 1.29


Share Discussion for Max Petrol (MXP)


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logical2010
Posts: 1,848
Off Topic
Opinion:No Opinion
Price:4.15
mike
13 Oct '13
bad idea in my experience, the falsely raised SP allows it to drop further than it generally would at the lower price, 40p gives everyone a false sense of security and dropping to say 28-30p wouldnt seem too bad, but in reality that is 2.8p and we would be all quite upset if max went to 2.8p as it stands....i know in reality it doesnt really matter, but i feel its a perception thing, and we would drop more than we are doing at the moment on discoveries IMHO
 
get_rich_quick
Posts: 2,336
Off Topic
Opinion:No Opinion
Price:4.15
View Thread (2)
RE: Consolidation
13 Oct '13
What is the benefit of consolidating?

Small cap companies tend to do it to falsely raise their Sp and attract ii buyers, Max already have plenty of ii investors.

And historically, when a company consolidates their Sp drops immediately after consolidation.

There is no doubt about it we have a lot shares in issue, but with insti holdings soaking that up, I don't see a benefit with doing so.

Their 75% holding of 2.1 billion shares is the same as 75% holding 2.1 million.

Have a pleasant Sunday.
mike101
Posts: 2,552
Observation
Opinion:No Opinion
Price:4.15
View Thread (2)
Consolidation
13 Oct '13
Would be a good thing for the share price,as at 4p a share most traders/investors see it high risk ie a penny share but if we do consolidate at 40p many will see it as less of a risk then 4p i know it sounds crazy but thats how the markets work all about confidents and perception gla..
logical2010
Posts: 1,848
Off Topic
Opinion:No Opinion
Price:4.15
Glacial
13 Oct '13
Does it matter?
Drainboy
Posts: 63
Off Topic
Opinion:No Opinion
Price:4.15
View Thread (3)
RE: A Thought.
12 Oct '13
...and what does it matter if they do?

Take 10 of my shares and give me one back worth 10 times as much, makes no difference to any of us.
mpg1
Posts: 527
Off Topic
Opinion:No Opinion
Price:4.15
View Thread (3)
RE: A Thought.
12 Oct '13
whats the reason for believing that they will consolidate?
glacial
Posts: 518
Off Topic
Opinion:No Opinion
Price:4.15
View Thread (3)
A Thought.
11 Oct '13
In the pub tonight. If Max keep going on as they are. I can see us walking slap bang into Consolidation.
epoh
Posts: 200
Off Topic
Opinion:No Opinion
Price:4.00
More than you think
11 Oct '13
this share is as much about finance as it is about oil. they are obviously using shares to refinance and in turn people will cash them in and eventually something positive will break. Hopefully soon.
logical2010
Posts: 1,848
Off Topic
Opinion:No Opinion
Price:4.05
MMs
11 Oct '13
Playing games with us AGAIN, moping up all these shares, such is the demand ....don't let them have yours on the cheap!
mpg1
Posts: 527
Off Topic
Opinion:No Opinion
Price:4.05
sp
10 Oct '13
treeshake to knock out the stops to fill a large order or simply as the mm dont have enough stock on their books expect another so id advise to adjust any stops, especially in the morning when the spread can be huge.
holdings rns in the coming weeks.



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