Member Info for Doc83

Buys 6 >1 over sells.

And then a 600k but comes in quickly followed by a swathe of sells. Still selling into strength. I’ll be amazed if this goes over 3p today while this continues.

Hamm - did you see the posts below and on X? It is very possibly a 4m sell. Let’s see what happens today… a push towards and beyond 3p. Or more selling to keep us where we are?

Thanks, Candlestick

If it is indeed a 4m sell from our recent large seller, it’s got me baffled. Because I reckon we are well north of 50m sold by them now, by my estimation. Which is starting to lean itself more towards coordinated selling from multiple parties. Hmm.

Oh well, the story will no doubt continue tomorrow.

Indeed. But I’d wager more people would agree with me than not with my view that we should’ve had the AGM a long time ago. And even now we still don’t have a date.

Would love to know more about that 4m buy. I was out when it came in - Candlesticks any thoughts on it? Buys either side of it went through at a higher price, yet this was huge and usually they'd be a penalty for that, i.e. paying a higher price. And then there's AimTerminator that Dozzawba kindly posted, saying 4m seller cleared? Was it a large order worked throughout the day and booked out when completed?

For those unsure, and who are very insecure, I'm not being negative here. It's just an intriguingly large order, filled at an even more intriguing price late in the day, and it all adds to the mystery around MATD and the trades going through in recent times!

Even if a trial funded by government is forthcoming and the SP rerates to £1, it will still be inexcusable for the BOD to not have held an AGM way before now. It’s looking more and more doubtful it will be held in September with the 21 days notice required. Bear in mind, this is partly to discuss 2023’s performance!

LTHs are weary… it’s been a brutal couple of years. The BOD should have done everything to keep us onboard and they just haven’t. In fact, they’ve done nothing but for the odd scripted 3-minute Proactive interview.

Nope! And of it was someone with inside info buying in heavily just before the bell, they’d surely do it at least a few days before news dropped so it’s not blatantly obvious!

BP - Gobi is a long shot, 15% COS. But I consider it a free hit and it’s the only way MATD are going to significantly rerate, IMO.

“Can Doc please check if these are buys or sells 😊”

Definitely buys!

Jakaas getting all bent out of shape again… the same Jakass that post “2.5p entry” the other day.

If the seller is cleared, it could be all systems go to move higher. I haven’t been negative in recent weeks. Frustrated yes, but I’ve also said we would’ve been 4p but for this extreme selling. And also that if Gobi comes in, well, it could really take off. Fingers crossed for us all. Except Jakass.

Yep, bid/offer rises to 2.8/2.9p and BOOM, 1.2m shares dropped in 3 blocks within 14 seconds of each other!

Whether I'm right or Investor33 is right, something is going on. I'm convinced it's simply a large seller/II selling into any strength. We're range bound until they're done OR some stellar news comes in that blows the door off.

Definitely not wanting to tempt fate, but this has been the longest time for a while during a day where we've not seen selling into strength. Keep it up!!!

Candlestick, if you are monitoring L2 and that was the case, I'll take your word for it. Just nice to see the SP up, but we've seen this a lot in recent weeks and then any strength is sold into. Heavily!

Es BIXY:

29-Aug-24 11:13:22 2.72 500,000 Sell* 2.70 2.75 13.60k O

29-Aug-24 11:13:13 2.72 500,000 Sell* 2.70 2.75 13.60k

"Nice - couple of 500k buys just below the mid-price"

Now I know you're just kidding around!

Investor, if we assume this seller from the placing took themselves right up to the reporting threshold, that would be around 45m shares. On a normal day, they've been managing to clear out about 2m shares without completely trashing the price. Even at that level, it would/has taken them a whole month to clear out, so to delay for another couple of weeks, I don't think that would fit in with their plan of trading this and getting in and out quickly.

On the day it spiked to 3.5p, there was very heavy selling. Very similar blocks to what was seen previously and I mentioned on the day they were on course to sell around 9-10m of shares, so they did take advantage of it.

The fact is, there are II's/large investors who took up a lot of shares in the 2p placing and will want to clear out of here, and they can't do that in one go without destroying the SP. Their orders have to be worked over a period of time.

"As BP rightly pointed out - if it's a large professional seller, then why would they put the brakes on the share price, when all they need to do is to take the brakes off in order to distribute at far more profitable price levels ?"

Investor, I'd imagine that a large investor/II doesn't want to risk hanging around in MATD for fear of more delays/uncertainties. Get out with their 40% and move on or partake in a raise on another stock and do the same! I guess following what you've been saying these recent months... trade it.

Hamm - page 10 again in the presentation shows the distance between Heron and Gobi. I concur with master, it looks about 12km/7.5m. So not too far. You'll also see how much bigger Gobi is over Heron. And a shallower depth.

Aeschylus, it is ordinarily 10 days. But if your company name starts with an M and ends in a D, it has to get sign off by a special committee that only meet once each year.

Karley - sadly, I’m not wealthy enough to splurge £500k on such a company! But I did top up numerous times post Sprinter failure and had a significant number of shares. They’ve now nearly all been sold.

Aether - the problem is that £500k has been turned to £500! Ok, maybe £5k.

Candlestick - the truth is neither of us know. But whether it was a buy or a sell, it didn’t do anything positive for the SP.