Member Info for matrix3

it would be helpful if this site users were to post genuine informative advice rather than use it to have a ****ging off match. presumably the recent fall in price from 24p down to 7 was the result of fear for the effect of warrants. not clear however why it reach 24p in the first place, is that simply because of successful exploration. given exploration does not translate into real profit until it is converted into production which in turn requires significant resources met1 does not have without a further share issue, the share price looks like simple speculation by the greedy ( yes i am not a saint in that activity!). any thoughts? if i am right, the latest surge will suddenly crash when the pump and dumpers leave.

Have we just seen a pump followed by a dump? And who was that happy to invest £471k last night at 12.573p, have they got money to burn or know something I have missed, anyone?

Interesting to see comments about the share price only reflection the dividend and yield. The market is driven also by emotion and sentiment, but more to the point in simple economics, supply & demand. The company is making mass profits & I suspect does not feel comfortable raising the dividend whilst the public that depend upon transport are suffering such huge rises in their petrol/ diesel bill. Instead the monies are being used to buy back shares & in the nature of supply & demand, this has the effect of pushing up the share price. As for what happens next, if I knew that I would not waste time buying shares but instead buy tomorrow's winning lottery ticked; a much quicker way to become a millionaire.

Looks like mithy has been playing Whack a Mole on this site without any success. I suggest he takes up another sport as clearly when it comes to financial, linguistic, technical skill & acumen he is sadly lacking. Good to see Easyjet flying upwards, they are my favorite carrier.

Market is very volatile with oil going up and covid dragging shares down. Something odd every time the market closes, millions of shares are being bought. Anyone know if this is Shell buy backs?

Message was for AS who seems determined to be labelled as a Troll

I thought this site was supposed to be about relevant informed information not one simply to keep scoring points at someone else's expense. I think you need to get a life. In the meantime there is clear evidence airlines are picking up but if you want to talk them down go ahead and we will buy in at your loss

A lovely thought however as all experienced investors will know, there is no such thing as free money or anything close to it. Unless you have inside knowledge (illegal to use in the stockmarket) most exceptional gains are the result of pure luck. As for Apollo, they talk the talk but do not walk the walk; they put in a failed pathetic bid for William Hill then did not follow up when it was taken up by Ceasers; this share will be no different.

Given the outcome of takeovers like Cadbury's, one thing you can be certain amongst the continuing BS from those buying out companies, their promises are completely worthless because as soon as they hold the company, they asset strip, sack workers & relocate, all in the interests of enhancing their investment. So any Board members that believe the promises of Fortress are either deluded or acting on self interest.

As I suspected, not a done deal yet. Unlike William Hill, there are already two interested parties that have bid for Morrisons so SP likely to open much higher than £2.54. Also Amazon not yet in the fray which they may join rather than lose out in subsequent supermarket trading; if so there may be blood on the walls soon!

Have I missed something somewhere? Is it not the process that the Board decide whether to accept a bid or not, but the decision has to be approved by the shareholders? As a shareholder I have not been asked so why is the news stating the offer has been accepted unless there are morons on the Board holding more than the % required for acceptance? Given like William Hill that was 'bought for a song' by a USA company-the worst aspects of free capitalism, the offer significantly understates the value of Morrisons & allows another USA company to 'asset strip' at the expense of all the staff & shareholders. Any of you experienced gurus able to enlighten me?

I understood that normally if the pound falls the stock market rises as foreign dividends generate increased income as a result.
BP directly affected by the dollar value of oil seems to be rising despite improved pound to dollar exchange rate owing to (possibly misplaced) optimism of a EU deal soon. Does anyone know why BP is going up at the mo given the above or have I missed the point somewhere?

iangibbins67gmai = come again?

How do you know they were buys? This site simply states unknown; the stock exchange marks them as XOFF

Does anyone know what is the deadline for shareholder vote on the £272 offer? The SP seems effectively in limbo at the moment.

Thank you Morbox. Sounds like it has no effect on the share price and/or maybe a broker closing his books for the day.

Does anyone know why someone bought 11m shares yesterday at 4.35pm well above £2.72? Do they know something us small investors do not?