Member Info for NewKOTB

"This is all being orchestrated with intense buying in the background so a takeover will happen shortly. Ignore the downward pressure, best to get in now, when this flies again it will be making a stop at the Moon."

Question is have MTRO bottomed or not !

And who and how are the new owners going to acquire MTRO ?

Still easy mileage in this for the shorters until all the retail PI's have gone imo.....

atb

?????

"Must be a large order to fill by a fund, yesterday’s positive news and now this drop, stake building for the buy out..."

Possible, if MTRO intention was to keep afloat until a deal is done.

Bond holders will take the lot in the end imo, just a matter of time.

n/m

LOL ...... Might as well join the unsubstantiated rumour mill.

"and where is this buy price rumour..... "

On their list of "Ramp's for Today"

"cant buy NT....."

lol, really, do you not know what time it is ?????

lol .....

"Looks like metro is looking for a buyer according to the ft ....."

If so, the BoD are not confident of getting out of this mess themselves.

this type of trading is to hot for normal PI's, let the pro's fight it out imo

like a two bit junkie. .... just wait for the cold turkey

All indications says it should bounce .... but be aware this is still a highly volatile stock atm

ATB

I also think that Trump will want to ensure his re-election by doing a trade deal with China soon that will give the general markets a good run into Xmas and Q1 2020 imo.

shuff05,

"esp IMO that we have imminent waiver confirmation and a new deal hopefully to be announced soon"

Yep, SQZ on 9th October 2018 received a conditional License that ensured Rhums compliance to operate and was ratified on 5th November. I would expect similar again as we have already begun the renewal process, many, many weeks ago, so, I agree, it looks imminent imo.

As for another deal, it will be a mega one imo and propel SQZ into one of the top NS independent producers. SP will go stratospheric as our BoD have proven their credentials on deal making time and time again ... Lets hope NI's employer has a massive short open on suspension as it may well be another reverse t/o.

An intra-day RNS will do just fine.
aimo

Oh, forgot to add that Saudi Aramco will announce its latest IPO-plans on October 20th, so i would expect another attack on or just before this date to destabilise their IPO. This will of course send prices soaring, this time they will stay there imo.

Lost capacity and US probably unwilling to draw-down on their reserves much more together with spare capacity of SA now taken up, I forecast that within weeks Brent will be above $70/barrel. So, NI guess what that will do to SQZ revenues and profit margins.

Really, ...... "Oil makes a big contribution to Sericas revenues so the big slide below $60 is going to hurt again"

With our average OpEx one of the best in the business for NS operators at only $12.30/barrel and we sell at $60/barrel, even your math NI is not that poor. You are just trying to peddle your usual 'fake news'.

Have a good night, we will continue with your charade tomorrow no doubt.

An intra-day RNS will do just fine.

ScottJ,

"deliberately trying slight of hand cherry picking facts that suit ..."

That's NI for you ..... he's over on SQZ tonight doing the same atm.

He works for a pro outfit who sole intention is to make money, regardless of how, scruples, lol, he has none imo.