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i suspect some placing stock being offloaded for a decent profit. I don't think there is a huge amount of the placing stock left to churn, As I and FA have mentioned you don't want to be scrabbling for stock when the RNS Newsflow hits. Lots of buyers recently up to 5.1p will be holding
"Perfect bounce" ? Price is currently the lowest it has been all day.
Must be sells being made but not printed as all trades I see are buys ?
L2 anyone ?
Thanks
me thinks.
ATB
Perfect bounce again from strong support level.
This is a solid share with strong fundamentals and positive outlook for 2022 and coming years with accelerated profit growth over next few decades.
I still keep hoping that my 250K share holding will make me a multi millionair this year!
Just joking.
ATB
Another attack on 5p into the close then power through tomorrow morning.
Trying to buy more but none available.
Buying the dips.
Any temporary dips are mopped up by Buyers quick before the fireworks start.
Still "stay long"@ british bulls if you give them any credence! ;-0
6p next week on no news...9p with rig confirmation/drilling dates
good Comment FA, you don't want to be buying in bulk when the newsflow RNS start arriving will be NT to buy any quantity and a big mark up on bulk buys
Another 100K shares for me courtesy of todays 88E trade, also got lucky that Matad's price dipped as well.
Good times.
price dropped a little now, still clearly have some profit taking when we near 5p, and perhaps the dregs of the placing being flipped, but no evidence of the monster placing sells we had a few weeks ago. Consolidation does look good at the moment though and holding consistently above 4.5p
Price pressure building . The NT to buy is frustrating, but there will be very limited stock I’m guessing , given the tightly held nature of MATD. Price wise i feel certain that next week sees us well into the 6p range
I think MMs now collected fair few to resume the 5p crack later today after another attack at 5p this morning. It is inevitable...we are trending along nicely towards the 6.3p channel from 4p.
Just a matter of time before we knocking at 6p. We know how fast this one moves.
solid buying increasing here surely back to blue very soon.
Indicated buys still 2-1 over sells.. are the MM's keeping this pegged back for a reason... a fat cat loading up sort of reason?? Hmmmm... Come on MB give us some news to get this towards double figures
This should get to 9p....just depends on how quickly it comes.
5p should be cracked this week. We could be flirting with 6p next week ahead of news in my view. This should then take off soon after news.
From the last press coverage Matd mentioned that contractor was confident he can fit the drilling works in their schedule.
The Mongolian government are backing Matd .
Can't really think of anything going wrong from here.
Let's get this to 9p
FA
Agree with your assessment. This can get to 15p by end of March in my view. Has got to be well over 9p soon as rig is confirmed. We should be very very close an Operational update.
Q2....i have an estimate of 25p or bit higher.
Q3....will depend where we are end of Q2.
it does seem inevitable we will break and hold 5p by the end of the weak. chart looks great no big rises and huge sell off gradual rises with some consolidation en route
As expected....
Only Buy quote for £500 now on Barclays!!!
Cavalary been called in to get it over 5p and keep it over the fence this time.
Once 5p goes....6p could come pretty fast as more troops join in the ranks to advance to the destination.
buys indicated 4-1 over sells...
on the move.... nice.