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Looks like OK result for long term investors, hell for 10% traders with stop losses.
Glad I'm not one of the latter this morning.
We now need the certainty of the Heron workover dates.
Agree Algu.
Current SP same as when RNS dropped on LP.
Now ask the question What was the bigger news ?
MB had to take the gamble on drilling V1 before licence expiry and it didn't come off ( as expected )... The LP was the BIG news and we can still buy at the levels prior to it being announced. We'll done those who got in early this a.m.
Good Luck all
That’s true re the asset not being priced in but unfortunately that’s not the basis on how mm’s work. It will come good
I dont ...i expect this to settle at 4.5p where it started... V1 was not priced in.... 1 in 5 COS did not get the market excited for a gusher hence the SP never budged.. Heron now is the prize and what MB will focus on
Company have enough cash until "AT LEAST July 2024"
Thus us from RNS only a few wek ago & multiple Newsflow expected coming weeks.
Try to do BASIC research mr Neil ;)
This game is not done yet by any means. Lots more to come yet. This is just the beginning . It hasnt concluded yet.
Atb
Exploration wells always generate a lot of noise but need to cut through that today and look at what we've still got. MATD is not a one trick pony like some explorers. The LP grant was crucial - potential is still huge. A lot of price targets materially higher than today's SP, even without V1 factored in.
Looks like SP has settled to around 3.9/4p at present.
Try reading RNSs / Research for "more info".
Then maybe you understand what Rapid growth of revenue generating company ;)
Neil - what raise??
Well done if you got in at 3p and out at 3.90p
Another AiM scam by the sounds of it from the RNS released last week to now!
I'd expect this to drop back to 3.30p area and hold thee until more info is released about the raise.
Great recovery here... was oversold with nervous investors relieved of their shares by shark MM's... wouldn't surprise me to end the day -5%... blue finish would be hilarious!
"The stock market is filled with I dividuals who know the price of everything but the value of nothing" - Phillip Fisher
Not surprise so many lose in investing ;)
If only I had some spare resources this morning I would have been buying like mad.as I mentioned in my earlier post the announcement of LP was all planned.The initial drop this morning was on the selling of a small number of shares and caused a false market.There is even a chance that by the end of the day this will turn blue
What a nice trading stock with good LT value.
Bought back in at 3 but also sold again at 3.9. Expecting MM not to be done yet for the day.
Lets see
Pants down for lot of seller this morning ;)
Successful one derisk at 7p and see most of V1 duster news already price in
With 28p target WITHOUT V1 little bit if research would help them.
Now try to BUY back shares with HEAVY NEWSFLOW due ;)
Couldn't buy any at all on halifax but could sell my holding no problem just a ruse to take out stop losses and they wonder why investors are shunning the lse with aim particularly hard hit. Anyway onwards and upwards let's get heron producing and the sp will react accordingly gla holders regards jack
We now have more money to spend on block 20.
Next news will be the biggest news..
We all knew there was a small
Clear move to trigger stop losses and steal shares. Same thing happened with Rockhopper 13 years ago. CEO should be investigated in my opinion. Not ok
Lol MMs playing a blinder many still don’t. understand them,
They will simply screw you over on any bad news they badly wanted some stock here newbies to this stock or investors only reading and in on the Vel drill will have dumped due to the duster and MMs know this using the duster as an excuse to plummet the SP to hoover up a very very sticky share.
I am desperate to get a 100k here to get back to my 1mil holding lol but I knew I would not b able to get any so didn’t bother I’m happy and have come to terms with my 900k puts my OCD in overdrive…
Genuine holders will know heron is the main investment just holding for this
Hope you didn’t get caught with stop losses
GLA
Nice James, fast profit for you!
Halifax are quoting 3.7p to 4.0p currently, so that's something. Not such a massive paper loss to mull over for many of us.
Still completely unacceptable that news was obviously leaked last week, allowing all the "mates" to sell out at 5p to buy back sub 3p. Scandal and for that alone CEO should resign
Buying as much as I can at these levels...anything under 4p will do me!!
Trust the RESEARCH!
Now we have nothing holding development / share price back and investor can focus on HEAVY NEWSFLOW / GROWTH of company.
Thiscwhybi never sell my share. Cannot buy back like people discover now ;)
If you bought at open you already on 100% gain.
Just buy and look back in a year. There will be more dusters on the way. It’s not a massive deal