Member Info for AmatraB

There is a reasonably recent (May 21) breakdown of current shareholders here https://simplywall.st/stocks/gb/banks/lse-mtro/metro-bank-shares/news/what-type-of-shareholders-make-up-metro-bank-plcs-lonmtro-sh

Papucel, I agree that it's likely to go ahead. It's the price that's the issue. I've seen people on here quoting anything from £1.50 to £20. The real amount is what is going to be acceptable to Carlyle and 90% of Metro shareholders though. That's the value we need to find out

For the sale to go through, it's normal here (in the UK) for at least 90% of the shareholders required to agree. Considering how much the sp has dropped over the last few years, they are unlikely to get that many to sell at a low price. It could be that they offer something else though. Maybe shares in Carlyle? Either way, it's going to be very interesting going forward.

If things go according to plan, there is every possibility this is going to rise exponentially. I wouldn't be that surprised if this hit 10p+ within a couple of years. Then things will really start moving...

Cloud has a silver lining even

This last couple of weeks has been an excellent opportunity for me to get my average down. Every could has a silver lining and all that. I'm really surprised that there aren't that many others doing the same. Onwards and upwards....

Just took the opportunity to add in another 250000. At this price, it would seem rude not to....

I'm in complete agreement here. Whilst we know from the Q&A session that Thar is on a bit of a back burner, due to us having to wait until next year to see if it gets included in the next round of companies put forward to supply P**kistan, it is still a huge resource and asset.

Green Hydrogen is likely to take quite a while to come to fruition, but it will raise the sp as it processes through each stage of development.

The gold results are imminent and drilling is commencing on other sites, so this should start to also raise the sp. I would expect to see the sp to start rising steadily from mid-november onwards and continue through to late next year at least. Now is definitely the time to load up if you can afford it IMHO

Yep, my charts show resistance at .50, .60 and .70. Be good if we could break the .50 this week, then any further positive RNS could push us through the others

Hi Starship. As with any market, it all depends on the price one is willing to sell or buy at. If there are a lot of people willing to sell at any price (called the market price), the price will drop. If there are many willing to buy at any price (again the market price), the price will go up. A shortage of buyers pushes the price down. A shortage of sellers pushes the price up. If there are only those wishing to sell or buy at a specific price, It can further dictate the price movement.

We must be getting close to some news on the Gold. It's been going for a couple of weeks now.

Yep Mannan. It's certainly helped me get my average down a little more

Just bought another 250k. At the current sp, what's not to like? Time to fill our boots IMHO

Anyone have any idea why, if the Directors have setup regular purchases for shares from their monthly salaries, they aren't showing up in the Directors Deals?

Makes sense to focus on the gold IMHO. Thar VI has been proposed to be included in the next annual review, which means we could be waiting another year before anything happens. Even then, it's only a proposal. The Aus gold is happening now though, so much more likely to effect the sp over the next few months.

On my daily chart, I can see resistance levels at 0.45, 0.60 and 0.70. If we can get through the first, I'll be happy that we've got definite movement going on, but I feel we still need the LOI or a good pull of gold to get past the 0.60 and 0.70 (they cold well go together).

IG showing 11M shares traded already and the market has only been open 45 minutes. That's the busiest open we've seen for quite a while. Hopefully a very good sign that we are attracting a lot of interest.

Watching it on IG this morning. That's a lot of buying going on!

I wonder if anything happened in Dubai?

Not bad though. Nearly 10% up on the day.