Petro Matad: Looking beyond daily fluctuations to a bright future31 May 2024 13:48
It seems like our forum is turning into a kindergarten playground once again, with every minor fluctuation in the stock price sparking vehement discussions. Some argue that the price is too low, while others predict an impending decline. However, I believe it’s time for everyone to take a step back and relax.
For me, the current price is of secondary importance. I have been invested in Petro Matad for many years with the hope that PM would eventually start producing oil. Following the latest PR, we are closer to this goal than ever before. I always base my investments on facts, and the fact is that PM has finally received the regulatory approval that we've been waiting for. This eliminates the biggest uncertainty, and I am confident that the stock price will reflect this in the mid-term.
Let’s not get caught up in daily price swings. Petro Matad is still listed on the AIM, where some might say 'Wild West' methods sometimes influence stock prices. However, these influences are, at best, short-lived. In the medium to long term, facts will prevail—and the facts have been quite clear since last week.
Since then, I've been very relaxed and optimistic about the future of Petro Matad. Let's focus on the bigger picture and the solid steps forward PM has taken.