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We can expect a nice 'short squeeze', pushing the price up even harder then! I'm looking for a near term RNS notifying us of Institutional position building off sustained background Buying - that'll add even further to the confidence here and the strong Uptrend in place.

Perhaps get a proper sheet of paper out Rykan (rather than that old envelope you carry around with you) and do one of your more in depth calculations. Hope you're well!

Those shorts have been reducing significantly over the time period the Uptrend has been in place and fully reflecting the imoroving prospects here. That also with the boker upgrades, improved rating agency status and the aforementioned Contract acquisitions!

If you look back, MATD have a habit (disconcertingly) of releasing RNSs later in the day, rather than first thing before market opens. Good things coming here, especially given the very close links the Company has with the Govt and relevant authorities - RNS release at any time now. Then Onwards to the fully funded multiple drills! Atb all

An RNS for some major Institutional Buying is something else I expect we'll get shortly. With the oil price trend going forward and beyond just the recent rise, there'll be greater investment within the sector and as indicated by numerous longer term trend forecasts. That seems to be borne out by some of the Buying / price activity we've seen, hence I expect we'll get a Holding RNS very soon, communicating such to the market. Along with the other factors discussed, Petrofac looks solidly on the path of continued recovery and its well established Uptrend.

and Chinese .SHOPPING!

Jokes aside and reading back over the RNS, I have to admit to being very pleased re: the Acquisition and how it'll impact the level of Dividend we can expect to be introduced. Sunday may have got the figures mixed up (perhaps the excitement of reading the .XXX rated shenanigans of INSB), but the impact on profitability going forward looks extremely promising. A dividend paying stock should attract additional inward investment from Institutional Buyers, which will impact the capital gains for shareholders buying in now, with I expect a very enviable Yield from current price levels. Well done Toby Hall and the Management team at MMX - now lets work towards that Dividend introduction as promised!

Tobyhall.XXX

.SEX looks like a good one to attach a few names to - maybe start off with Fredkreuger.SEX Antonyvancouvering.SEX

https://www.cnbc.com/amp/2018/05/10/oil-prices-risk-spiking-to-100-next-year-bank-of-america-analysts-say.html

Bank of America and others are expecting Oil prices to rise to between $90-$100 and beyond the current rise.�

.....and a �10M share purchase by the CEO ;) Interesting times ahead Pokerchips, atb

I'm looking at a well selected range of stocks on my watchlist and its pretty much hit & miss, with some up & others down, lol - ftse slighter higher by 0.5%. I'll maintain my Buy & hold for the reasons mentioned, not least as it looks like a solid large scale Buyer in the background imo - let's see re: the Acquisition RNS and any other Contract news. Atb

Maybe the last of it, which could possibly be reflected in todays Rise. Let's see but bargain levels to acquire Stock, imo and for the reasons discussed previously by many here. A solid move into the 8-9p range in the next couple of days hopefully and then we can look towards getting back above 10p based on the continuing progress of the Company rather than any speculation from the now completed Review. Hey, we all own part of the '.SEX' industry now ;) Very much looking forward to the Chinese .SHOPPING!

I think what may be more telling is that there's quite likely some larger scale Buying in the background, by Institutional parties disinterested in the opinions of individuals on this BB and more inclined towards Credit rating upgrades and the associated Confidence ramifications in the sector. Be interesting to see a near term RNS confirming such and the level of continued stock acquisition in the market - all very good for the share price / Uptrend here and move into a new & higher trading range.

You're looking at a small transience in that respect, whereas the shorts overall have been diminishimg significantly in line with the Uptrending price. That's also underpinned with the Broker Upgrades, Credit Rating Upgrades, Contracts etc. People who have looked to actively trade it so far, have tried to go against the underlying Trend, hence getting caught out. Its gone up since the stock went ex divi too, which a lot were hoping to capitalise on with a significant drop. The reality is, the Company has retained confidence withon the sector to Win new contracts and has a bullishness attached to the appreciating share price now. Obviously there'll be some short term price transience and condolidatiom points, albeit the Uptrend looks to be very ptonounced and should see the price continue to Appreciate overall. Much easier to Buy in, ignore the very short term transience in the price and let the Uptrend play out, imo. Atb all

Onwards & Upwards!

I think people are beginning to reflect on the nature if the deal, the additional revenue & assets (circa �135M in Premium domains alone) our Acquisition has and the excellent fit within the existent business. That aside from the growth of MMX independent of the Acquisition and near term exciting developments we can expect with specific TLDs. No crystal ball obviously, but certainly a very exciting time for the company with increasing profits and significant growth opportunities. Dyor & atb all.

I'm glad you defered to the views of more informed contributors here and Bought into the stock! Certainly a great prospect and pushing back upwards now. Good boy nigel! Atb

My thoughts exactly!!