The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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The way the MM's play there games, it wouldn't surprise me if the SP dropped to around the 4p level if V1 is a duster !!!
Big boys scaring weak hands to grab as many shares as they could.
Fair doos... ive given up trying to trade im $ h it at it :-0
Just buy or add when funds allow and sit back.. if research has been done then it will all come good
Possibly early signs of no oil at velo or mms doing a big drop for shares
What's going on??
*is not did
Took some at 5.5p. Dropped to hit stop losses did my thinking
MM's need to make a market... no sellers = no buyers and no commission for them
When price drops for no reson means mms taking out weak holders for the rise.
Usually sudden drop means news on its way.
I'm guessing apart from wider market woes peeps still see the following risks?
Some argy bargy or delay tactics with the local guv signing off the contracts (even though central guv approved)
Local guv going on their nadam jollies and shirking work for as long as possible (like our local guv at Christmas)
Fear of further cash raise
Fear that velocorapter will be a dud and drag price down
Can't see any logic in MM's prices. Anyone enlighten me??
I should be able to top up sub 3p at this rate! :D
Markets will never cease to amaze me. Sure, there’s no oil being pumped out of the ground just yet, but surely yesterday was fundamentally the best news MATD has ever had?
Just beer tokens for the weekend being gathered id say.... little dip then more blue later my guess
Price is down quite a bit now as can sell at 5.57 compared to 5.81 at close
The eco warriors wont like that - dirty crude all over their nice clean desert!
Lots of investors are realising currently that the present price is a bargain with all the good news secured with hopefull more to come,but the price is not moving.Hopefull will rectify soon
Tight spread again
They will soon be over flowing BP... like the SP ;-)
But not as empty as PM's oil tankers currently are!
Thanks for your helpful suggestion jack. Unfortunately said glass would still be half empty!
Bad prophet why don't you buy yourself a glass then you could fill it half full? Gla holders regards jack
Agreed no one can predict the SP and has stated all this is conjecture and hope but based around some facts and reasoning and assessment from professional resources although probably paid sources.
By the time the DQE agrrement is signed and the all the rigs ready to pump plus transport etc will be around the time that China is crying out of oil to fuel their expected very rapid expansion after 3 years of almost complete inertia.
You put that together with what we hope will come from V1
plus the Renewables Solar green energy JV
plus what could be the big unkown here and that is the JV set up with the MG for PM Energy.
Plus goodness what may come out of the new fields . This is undboutedly exciting times for MATD just unfortunate that the RNS came out on a day when the markets were taking a hammering because of uncertainty around US interest rates.
I personally think that not just the MMs are holding a hell of a lot of shares but some point will run out plus i am sure the respective Inv houses had probably taken a position and when they have exhausted that lot then this share will re rate very quickly . I am hoping we will see that in near future ie over the next week. At the moment we are driving the car with all breaks on. Take the breaks off and we will re rate.
5.9p to sell and buy
PS. I don't believe Master's "excellent research" has been of the slightest use in informing investment decisions. IMHO
Ojay - I don't need anyone to stick up for me I'm quite capable of doing so myself. I'll post what I like thankyou very much & if you don't like it you know what to do.