I was away on that day and woke on Tuesday to see what struck me as a collapse in the sp and sold, now back in. Why has the sp not climbed back above 3 or above 4p? All appears positive to me so surely it ought to be closer to3.5p IMO
Allowing that around the time of the interim div pay't it was trading at 180/200 and is now 250 I fully expect it to be 300+ when full year figs come out. Hence we can ignore modest fluctuations IMHO
RE: Just maybe new funding is in the offing...16 Dec 2019 16:30
illbetabuck I'm just not convinced a takeover is going to happen. The environment is changing with the Tory majority and we may see a new fresh outlook for MTRO. Some on here are banking on a takeover whereas the business needs are for cheap working capital. The talk is that interest rates are likely to drop further so if MTRO posts some good figs and the FCA report is benign then they might be able to borrow cheaply now/in the near future.
Just maybe new funding is in the offing...16 Dec 2019 16:16
could a takeover not be on the cards following on from the General Election and might we see some sort of partnership arrangement giving MTRO the funds it needs to grow.
Jatw spot on, this was the purpose behind my post, some are holding Aviva when they might be better off in the short term with MNG and also the prospects for growth look better IMHO
Some on here have mentioned AVIVA as being similar to MNG, on Friday the former went up by less than 3% whereas MNG were up by more than 6%; we do not need to worry about the property fund restriction any more IMHO.
Dinoken there is now a good chance that RBS will be trading above 300 by the time of the year end figs which would be a good time to announce a planned reduction in the gov't holding IMHO
I have the feeling that MTRO is not following what might be seen as normal stock market moves. Posters on here are in significant numbers saying it will come good but a few are saying it won't. Lovely dilemma.
Racing, I have a gut feeling that Tories will get the smallest majority, but the electorate will have voted Boris out of his seat. Its the most interesting GE for a long time IMO