Member Info for MisterPositive

Either US brokers hold stock on their books or have to buy from UK brokers to fill US orders.

Also worth noting price on US OTC market reached over +50 cents few years back when London price touched +38p.

Lot of posters back then started quoting MATD to promote other stocks when MATD share price ran up from +3.5p to +38p.

Also came across a piece on US "market beat" site who now got "strong buy" rating on MATD. I found that very interesting coz US buyers been paying +14% premium on UK closing price today.

AIM market is the normal listing for MATD but US investors can still buy / sell on OTC market via their US brokers.

Commonly referred to Pink sheets (dont asky why pink?) Over The Counter market.

Yes. Another trade @ 7.10 cents

UT was 117,001 Buy.

They also wanted to grab a few before open.

EMA50 crossed over EMA100 also today. Very bullish. EMA50 now over both 100 and 200 EMA

@ 7 cents = 5.15 pence

Albiet on 1,000 buy. May be thats all they can get.

Is that a hint we going past +5p tomorrow !!!

Perfect bounce again from strong support level.

This is a solid share with strong fundamentals and positive outlook for 2022 and coming years with accelerated profit growth over next few decades.

Buying the dips.

Any temporary dips are mopped up by Buyers quick before the fireworks start.

I think MMs now collected fair few to resume the 5p crack later today after another attack at 5p this morning. It is inevitable...we are trending along nicely towards the 6.3p channel from 4p.

Just a matter of time before we knocking at 6p. We know how fast this one moves.

This should get to 9p....just depends on how quickly it comes.

5p should be cracked this week. We could be flirting with 6p next week ahead of news in my view. This should then take off soon after news.

FA
Agree with your assessment. This can get to 15p by end of March in my view. Has got to be well over 9p soon as rig is confirmed. We should be very very close an Operational update.

Q2....i have an estimate of 25p or bit higher.
Q3....will depend where we are end of Q2.

As expected....

Only Buy quote for £500 now on Barclays!!!

Cavalary been called in to get it over 5p and keep it over the fence this time.

Once 5p goes....6p could come pretty fast as more troops join in the ranks to advance to the destination.

6.3p by end of Feb in play as per Zak Mir January chart set up. Lot higher if Rig news comes in Mon.

They guiding it through very nicely in an orderly manner.

EMA50 is now bang on EMA100 and ready to cross over it also. Super Bullish set up.

Oil flying also...after drop in US inventory.

Says the strategic investor will be buying in tranches....

Is that @ market price at the time?

Should be back to 4.75 soon from where we launched attack on 5p.

Breaking past 5p this time can take it to 5.65 pretty fast ahead of news.

Troops been ordered to assemble for another attack at 5p to get it over the fence this time.

EMA50 getting closer to crossing over EMA100 also

12.7m traded today.

Higher volume and strong momentum leads to stronger re-rate. This needs to break past 9.15p reached when EL was granted. Albiet there was dilution last year but we also gained $10.4m cash in bank.

This is playing out perfectly. Just a 5% drop for a share firmly in an uptrend now ahead of news. Some traders sold to play 10% swings from +5% up to -5% down on the day. Fair enough.

Bounced perfectly from 4.45 support level.

RSI now cooled down also.

EMA50 crossed above EMA200
EMA50 is close to crossing EMA100 also.

Same pattern when we were trying to break above 4p last week. Touched 5.10 today. This should break past 5p also soon. Higher highs/higher lows. Expect a nice bounce tomorrow.