Member Info for barnetpeter

No the rampers will never admit a dawg. This stock has lost holders fortunes and give it a year or so and it might well be a penny stock. Long termers in the mkts have seen it many times. Over hyped, vague rns, discount lights on placings. Mostly in the oil and gas and exploration sectors of course

Just wiped holders off the map today. The last placing was at 80p and since then the company has done very little. The price might steady around 30 pence and the placing stock will steadily be dumped for a small profit. After that? A steady drift to about 18p and the next placing between 10 to 12p. The company should be able to make money in these times with Covid numbers going higher but the mkt has lost confidence with the directors imo…which is why the bizarre 40 per cent discount.

DM....yes two £65K sells yesterday. It looks to me as if the seller is trying to offload daily and the MM's will take some every other day etc.

The mkt cap is still very high if the company is now only breaking even etc. so the risk is still there for this to halve again. A few director buys would help plus a further update but that could be poor. Tempted to buy a few at the £6 level if this fall continues because any positive note and we see £10 ......real gamble

Thats rise not raise. Mac has always been a strange company that has always promised but never really delivered. I started a new thread on it on AFN over ten years ago. barnetpeter 14 Feb '11 - 09:27

Always done OK on this but the only real time we hit a really big spike in those 10 years was Akers buying in and also in august 2015 where I got over 11p ....having bought at 1.14 that May.....before it crashed below 4p a couple of days later.

Buy MAC on a red day when no-one else is interested. It really is volatile with sudden spikes that soon evaporate. This new holding could be a game changer of course so I want to be in still.....but I have my price to buy back the stock I sold.

I sold half of mine at 3.36. I think the deal looks good but the director selling so many percent of his holding suggests the price will soon be back below 2p. The reality is the directors dont earn much so need to cash in on a raise

Marechale Capital Plc (AIM: MAC) announces it was notified today that, on 6 and
7 September 2021, Patrick Booth-Clibborn, Chief Executive Officer, sold a total
of 3,000,000 ordinary shares at an average price of 2.75 pence each in the
Company.

Following the disposal of shares, Patrick Booth-Clibborn's beneficial holding
in the Company is 9,076,865 ordinary shares representing 11.28 per cent. of the
Company's issued share capital.

626 to 655. Now that is some fall in price from 3540 since March. A real dump and looking oversold. My feeling though is that any rally will be quickly sold into. The directors have been very quiet

Nothing. Mac is a penny stock and flies around.

After all the gloom on the way down last year, finally the price has doubled for me. 70p was indeed the low and for those that added well below the £1 ....happy days. Personally I let around half go today.....freeroll time and zero risk suits me.

Well done all the LTH who were posting on here last year!!

52 Week High 177.00
52 Week High Date 26-Aug-2021
52 Week Low 70.00
52 Week Low Date 03-Nov-2020

Been in and out of this for years. Just looked and I got 5.22p a couple of years ago. Bought a few last year at 0.39. Should have sold on the small spike I guess!

Yes the ones who made the real money in a gold rush ....not the miners but the one selling the shovels

52 Week High 3,540.00
52 Week High Date 12-Mar-2021
52 Week Low 675.00
52 Week Low Date 24-Aug-2021

broken below £7 now. Looks fair value but it seems the market makers have plenty of stock. I wonder if instits are trying to dump and have a standing order to sell. The cap is still too high....competition is strong it seems.

This has become a disaster for many

Bought some at 1.4 though Baz. Not been completely out of Mac for years. Recent moves have been positive

Cheap and I pinched a few more in the 1.80's. Three IPO's, in profit and valued at a million? Less than a leasehold flat in many parts of the South of England. Bargain price after such a positive statement. Mac directors often issue gloomy stuff....not this time.

Well I seem to know a bit better than you Kaneonaim! Is it now £70,000 down on this dawg which closed at the lows after yet another kicking?

Let us hope you are right. I would like my money back here. Trouble is, the mkt has lost faith.....

How about you understand that penny shares are risky and many go broke? One went yesterday. We are gambling and NFX today hit yet another low today. How about you look at the continued losses and lack of news on ANYTHING when you look through your rose coloured glasses? Its a dawg and a miracle is needed. Plus more funding. Maybe a placing at a penny. That will be the last possible chance to raise cash unless they can produce something. Treat the money as lost then it will be a bonus if it is not.

Hope so. Added these at 7 yesterday and it was available in the 6 plus level for a short while on some punters giving up and selling out. I remember getting over 1p for these before so who knows?

This is a dawg. At new lows today. The CEO is off and the price of a penny and a bit suggests the company is going broke and no surprise if suspension is close.

Some you win and some you lose. We know the situation with penny stocks that fall day after day. Often because insiders are selling out on a nod. We all know the risk with this type of stock and this punt went badly wrong. Such is penny stock punting. We lose.