Member Info for mline

Great update Moneyhawk. Thanks.

So, as expected, DW is issuing the remaining 590m shares left over from the RI a couple of weeks ago.

As far as I can see (but please don't sling a load of abuse if I have this wrong), this is actually good news. The RI document clearly states that any shortfall shares (if any existed) could be released any time up to 26th January. Obviously we are expecting Farm Out news before the end of 2018 and (fingers crossed!) some good production news anytime in the near-to-mid-term future. So placing the shortfall shares is actually good news (if all are taken up, of course) because otherwise the spectre of those shortfall shares would be hanging over the market, possibly damping down the SP, until the end of January.

Again, as far as I can see...

GLA

Almost tempted to sell out of this bloody thing. I'm well under water - and slightly more underwater every passing, miserable week...

Chinese water torture...

Annoyingly I know there's great news to come - but by the time we get that news I'm not sure how many people will still be in this.

I'd suggest you read the previous 30 pages of this BB before popping up to tell us what you've just heard...it's been mentioned a few times!!

GL

Just bored of seeing these drop 2% or 4% every single day. lost money in the drop to a penny. made a little in the rise from 1.3 to 1.8, but just fed up of this crap now.

GLA those who are still in this. Maybe I'll look to trade these a bit more in the future.

Haha!! That's great. Better than those old "an Irishman, an Englishman and a Scotsman walk into a pub..." ones... Very good indeed!!

God I wish I could read charts!! many thanks.

It doesn't work like that. Just because today there's been more prints of purchases than of sales you really think the price should rise because of that sole piece of data? How about the MM's current holdings? How about if there's a huge seller out there and an MM has the order and he's gently pushing the price down to try to attract more buyers so he can build up a large short position before taking that stock from his seller? All you would see then would be that there's loads of buyers - but you wouldn't yet see the huge sale that will come tonight / tomorrow. There may be a rumour in the market keeping the price down. There's loads of factors to take into account.. Seriously, just because you look at the buys vs sales today, and the movement of the share price compared to that, please don't assume there's "dirty tricks" going on.

It would be tempting to pick some of these up at this low, low price, to try to bring down my awful 20p average, but, frankly, when an RNS talks about the difficulties of raising new funds and mentions Chapter 11, it's pretty hard to make a case for it imo. Crappy little stock run by a bunch of dodgy shysters. Wish I'd never been tempted. But there we are - we all have to move on. Sorry to everyone that's still in this at higher levels.

How not to run a company. Goodbye Nighthawk - it was awful (and expensive ) knowing you.

Thanks Strongman.

yes - we are shareholders. but they are going to de-list those shares...so we won't be shareholders after that.

they won't do that. Once they de-list we won't be shareholders anymore...so why would they bother? You'll be able to check their progress on their website if you like I'd imagine, but think it's best to just let go... one of those...

"I don't wish to be a voice of doom" and then I was. Sorry about that

I see this on my broker's "current corporate actions"... On 1st April 2014, Matra announced that it was proposing to cancel the admission of the Company's Ordinary shares to trading on AIM in accordance with Rule 41 of the AIM Rules for Companies. In order to complete various investment transactions and to comply with the associated rules and regulations, the Matra shares were suspended from trading on AIM on 31st October 2013 (for a maximum period of six months). It was intended that the shares would then be readmitted to trading on AIM following completion of the transactions. However, the Company is now unable to meet the requirements of Rule 7 of the AIM Rules which would apply on Re-admission of the shares. The Company is therefore proposing the Cancellation in order to complete the transactions as a private company. The Cancellation is subject to shareholder approval at a General Meeting of the Company to be held on 23rd April 2014. It is expected that the Effective Date of the Cancellation will be 1st May 2014." I don't wish to be a voice of doom (we probably have enough of that already) but it needs to be clarified that MTA have no responsibility to re-list anywhere...as stated above, they wish to carry out the transactions / takeover as a "private company". they said they will "try to re-list elsewhere", but once they de-list there's no pressure on them to re-list anywhere...and once they get a "yes, we will let you de-list" vote, they won't legally have to either. Frankly, it looks to me as though, should the vote be YES, then they will de-list and go Private. And that will be that. End of. Obviously, there will, for a time be a matched market via Jenkins...but you'll only be able to sell, say, 10000 shares, if they have a buyer (or buyers) that in total wish to buy 10,000 shares. There won't be any "trading" as such. I'm really sorry for people here that have large, heavy holdings in this thing, but, for what's it's worth, I'll vote no....then get used to life without my MTA shares. DYOR obv. good luck all.

does anyone here really think a share, any share, would actually increase in value by 9000% in 1 day? i'm not in this share but i looked at this when i saw it at the top of the LSE risers list - and it took me about 3 minutes to find out the reason LSE thinks this has risen by 9000%...

don't wish to be rude - but DYOR...you'll soon see the reason for this "rise"...

i agree - sorry - maybe i wasn't clear - i certainly think these are going places too...though, due to what they do, they will need a resurgent economy to really start to move. let's face it, if you rent out business space you really need businesses to be opening/expanding to rent those places from you.... i agree with you - this is a great stock for the future...

these things are pretty highly rated by the brokers...and when the economy starts to move again, and people start to need offices to work from again, i can think of many worse places to have your cash - just maybe this isn't quite the right time!

no - looks to me like if anything, you're tiny up.