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Why not just wait until MATRA issues it's Admission Document before making your sp predictions on re-listing? Only when the Admission Document is issued will you have sufficient facts and information to make a credible sp prediction. PS. The completion of Phases 2 and 3 are subject to due diligence (see the RNS). So far only Phase 1 has been completed. Stick to the current facts STAV. You are falling into the same trap that you are criticising me for making in the past. Namely counting your MATRA chickens before they have come home to roost. I made MATRA sp predictions on the results of A-13 based on what was expected, but before they were known (they were appalling). You are similarly making MATRA sp predictions based on Phase 2 and 3 due diligence being successful, the deals being completed, MATRA ending up with 100% of the JV and ALLTECH pulling some rabbits out of the hat. You are doing the same as I have done in the past, but you don't seem to realise it!! Stick to the current facts!! If Phases 2 and 3 fail the due diligence test then MATRA will re-list asap. Currently MATRA has the following O&G assets; 50% of a JV with only 417,000 boe recoverable reserves (P90, P50 and P10 composition not known to us). That means only 208,500boe to MATRA. Production for Phase 1 is unknown. Could be 60boepd (30boepd attributable to MATRA), or it could be less since both Phase 1 and Phase 2 have existing wells. Since Phase 2 has many more existing wells than Phase 1 current production attributable to MATRA could be a lot less than 30boepd. It has paid US$1.35m for the Phase 1 assets and production. MATRA also has a US$16.5m loan outstanding to the JV carrying a 6% interest rate secured on the 417,000boe. MTA could also have up to US$8m of cash remaining. PPS. On the available asset and financial information CURRENTLY available to investors I fail to see how the MATRA Mkt Cap will be either £39m (2p sp) or £58m (3p sp) when it re-lists. Hower that is only my opinion. You have a completely different opinion. Let's leave it at that without bringing up the past at every opportunity shall we? ATB
You are bringing up the past again. Are you an elephant? LOL. You are getting on my tits again!! LOL. I never made any specific prediction, in my post last night, concerning the MATRA sp on re-listing. All I said was that Knutsford was just a vehicle for some well known retailers/businessmen to takeover Marks and Spencer when the M&S share price was suffering due to poor retail performance. It wasn't a few years ago either. I was just making the case that Knutsford was a very special case. Why then, STAV, do you go blundering off at a tangent? Of course MATRA should be priced inline with it's peer group when it returns from suspension. Though I haven't got a crystal ball and the stock market can be very irrational at times. Regarding Alltech, I doubt if it's a name well known, or held in particularly high regard, by the majority of UK investors. Of course I will eat humble pie and apologise if the MATRA sp does double or triple when it re-lists, but will you eat humble pie and apologise if you are wrong? I wonder?! PS :"Last year - April 2012 to be precise - ultra was predicting 9p with his itchypoo charts and 30 p a few years back ." NO I WASN'T. 18 months ago I was predicting a POSSIBLE circa 5 - 6p target if a bullish rectangle formation came to fruition. IT DIDN'T. You criticise me for past possible sp targets, but you are also making a rod for your own back with your prediction that the MATRA sp will double or triple on it's return from suspension. I hope for your sake that you are correct otherwise I will never let you live it down!! LOL. The MATRA sp, when it re-lists, will be determined, not by you or I, but by the opinion of investors at large. Lets see what happens. We could have a long wait!! PPS: I previously explained my reasoning behind the POSSIBLE sp's I guessed at over 3 years ago. They were based on the facts and circumstances known at the time coming to fruition. They DIDN'T. I got it wrong. Also remember that the MATRA shares in issue has roughly doubled since then so 30p then becomes circa 15p now.
I can assure you I am far from ignorant to our situation here.
I wouldn't worry about uen.If things really as they said would have been all over press and legal proceedings etc woud Have started ..However as others have already indicated if MB and his team succeed there could well takeover Matra . Could not will please note anyone reading . Just IMHO I am very optimistic here .
Last year - April 2012 to be precise - ultra was predicting 9p with his itchypoo charts and 30 p a few years back . Now it's the inverse . This is definitely no Ntog which seems doomed to sink even with the steady stream of positiveish Rns . Remember someone from this board called lordmajestic saying Ntog was next big thing and claiming to have bought either 100m or 400m shares in Ntog on their board!!! Oh yes and he also claimed there that he had heard from his "contacts " that good news on way just as his contact said bad news here . What rubbish - How anyone could offload 100m or 400m shares is beyond me . Ps feed is only showing you his effection in talking to you way he does . No chance of this not being relisted . There is also the potential $10m which should shoot sp up to at least 1. 5 if conditions are met .
Last year - April 2012 to be precise - ultra was predicting 9p with his itchypoo charts and 30 p a few years back . Now it's the inverse . This is definitely no Ntog which seems doomed to sink even with the steady stream of positiveish Rns . Remember someone from this board called lordmajestic saying Ntog was next big thing and claiming to have bought either 100m or 400m shares in Ntog on their board!!! Oh yes and he also claimed there that he had heard from his "contacts " that good news on way just as his contact said bad news here . What rubbish - How anyone could offload 100m or 400m shares is beyond me . Ps feed is only you his effection in talking to to way he does . No chance of this not being relisted . There is also the potential $10m which should shoot sp up to at least 1. 5 if conditions are met .
Actually you were not just agreeing with Ultra at all. what you were implying was that Matra may not even relist!!! I have been invested here for some 6 years or so and i have never come across you so with respect i think you are talking nonsense and your inexperience in Matra is obvious. FWIW i think this share with Barskiy at the helm could fly and fly high. Bearing in mind the II's will know more about whats going on before us mushrooms this could well take off if the deal is actually better than we think. It's a complicated deal, more deals can follow, and lets not forget UEN whether that might even hinder us - who knows!!!!!!
Don't be rude and abusive. You only show your ignorance and lack of understanding of the situation. I agree with Ultrapunch this is not going to "Fly" in the short term
Like it or not there is very little potential for this to fly, if it re-lists at all. I have seen far too many Aim shares vanish. Keep your feet on the ground. This most certainly more NTOG than Next
Yes mate, spot on post
If or rather when it does rocket and by rocket I mean double or even triple come three months after suspension end I presume you will admit you were wrong and eat very very humble pie . Ps analogy with Ntog /caza/ Magp wrong/ ish .totally and absolutely. Principally because MB has backing of Alltech - obvious there is a far bigger plan going on here . Having said that Magp has not done too badly sp performance wise - at one time last year had increased X 10 since it's launch .Still up x 5. IMHO
If memory serves me right that wasn't a small O&G company! Wasn't it a vehicle floated with the sole intention of taking over Marks & Sparks? It didn't happen and it went back to being a penny share stock before a small business was reversed into it Forget Knutsford, sharetip, it was a one off!! MATRA, when it returns from suspension, will be valued by the Market on the same basis as it's peer group, eg NTOG, CAZA and MAGP. The assets that MATRA intends buying in the USA are 3 very small fields (phase1, 2 &3). It's not going to sky rocket on it's return from suspension. Keep your feet on the ground.
Is this the next knutsford? This share went from 2p to £1.50 if I recall correctly a few years ago after it came back from suspension!
I noticed your TRP hasn't had a good time of it lately. You still reckon it's still got potential?
I mentioned a couple of weeks ago that while in Vegas I watched a programme on this new procedure to extract oil from previously used wells in the US and how big it actually is. It put my mind at rest and hence why I got the thoughts of bungy hunting once we become un suspended. Ok I might still be getting carried away with how big we are going to open at, but deep down I feel good about Matra and what they want to make Matra into. If only I could switch off for 5 years. Exciting times without a doubt, roll on roll on!
you've got to be kidding me, yes???????????
"The domestic oil boom has been due mostly to fracking, a new technique used to get oil from shale deposits in locations like North Dakota and Texas."
You are correct. The answer is rather obvious. MATRA is currently suspended pending the completion of an RTO. Hence you can neither buy nor sell MATRA shares. Hence bid and ask prices don't currently exist. It could be suspended for up to another 5 months.
Sorry if there is an obvious answer to this, but why are the bid and ask prices registering as zero here???
nice one..
No need mate, we will own you soon lol
not much dribble here today. u.should have sold and came over to UEN ..lol
yes we ve a double donkey in the room lol lol
firstly you need to take the stick off your forehead you use to type with and then just bang the keyboard with your forehead to make more sense!!..secondly you need to carry on with your meds as depriving yourself of a doctors balanced medicinal treated view is dangerous and thirdly you need to actually buy shares with money that doesnt have the word 'monopoly' written on it to make your cretinish UEN paid sad views seem more informed... feed the donkey by the way was jonjos invention for which i gave him the utmost respect... will leave you a couple of weeks to eat custard cream biscuits and pee in your pants whilst you think of a reply.... night night