The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Previously we would have expected some reversal with no news. This is sustaining its rise / re-rate. I'm happy with my holding and not looking to top up. Exciting times ahead.
I wouldn’t worry about the speed. It was always known the money was sitting on the sideline to get back in.
Matad has been on peoples radars for a long time and as the talk of LP progresses people will be taking positions. No guarantees but it’s looking like they are moving along nicely
Sold a half tranche at @ *6.1p strait through on a lower 5.9p order ( 27% better then last Tuesday slice )
750 post in less then one week here . ( average about 450 3rd January 23 to last week )
Was a good idea 3rd January 2023 despite noise here , this might be different .
The news people are buying in for is the LP right now, and the LP is on its way read last RNS, so the share price will build up and wait until LP lands, the LP RNS is a big one so any one that get inpatient over a week or two risks losing out big time
bit shocked it moving so fast ...
got some already just bit of shock price is jumping lie this...
I agree I've watched this share with a keen eye for years now and this pattern repeats over and over again, get a peak forming over 2-3 days or in this case most of a week, then it reaches a point where people realise there's no news yet this is probably the high point, then start selling and at best it drops to a slightly higher low point then where it started, in some cases it's dropped below the start of the rise. The question is to risk a sell for a small profit or hold tight through the drop back down
Sells are 6.205 ATM astro
Best get some now instead of sitting on the side lines
Nice move this morning. Long May it continue.
Hamm - we can all read a SP. We don’t need updates for every incremental 1% move.
Paid? You mean you sold some of stock at this price?
6.31 paid.
6.20 paid.
Bad prophet just for you.
https://twitter.com/smasters2020/status/1647877322605838339?s=19
bit worried SP moving too quickly..... no news out yet just FOMO.
Go up and easily go down quickly... really need news
It's best to filter them. That way they get no air time and disappear quickly.
BP you are filtered!!
If this volume continues could be the whole MG might be proud PM share holders, be good to have them in our back pocket lol
Don't post much just watching silently, nice to see this momentum continue this week, hopefully see 7p :)
Look like fudders are not happy they didnt get 2.5p entry... lol
chart looks good for 7.5-7.6p soon.....
@master82,many thanks for all your posts.
ATB
GLA
master82 - Exactly. The SP has a long way to go based on numerous and imminent announcements.
Also, who would ever invest in Mongolia again if they didn't grant the LP?
Matad have jumped through every hoop and been extremely patient.
Mongolia need this as much as we do at the end of the day. It's just a matter of time.
You can see why this will smash through 15p I have a feeling this will go to 20p on LP news this is huge deal getting the LP we start producing our own 100% owned oil, the big boys will turn up here watch this space,
You would have to be crazy to sell now. All this info I am providing is so that we can all make good money. This is the 4th meeting for PM. Think about it. They would not entertain PM if they are not going to give the LP
Hamm - Indeed, I was just going to say that if this volume continues there is a chance of 7p in the very near future.
Another great day so far guys ....
100 trades in one hour.
Would be able to break 7p today?