Member Info for ol...

Share holder interest and real time share prices are different things. Share holder interest is about building intrinsic value that will at some point be realised in share price growth; however, as SP is multifaceted, linking short term share prices to BOD salaries is too simplistic.

SP now on the rise, it is above where it was at the start of May, therefore lets give the BOD their monthly bonus!!! Or maybe base it on more sensible metrics, like all listed companies do.

Linking the BOD salaries to the share price is far too simplistic. Share price of AIM shares rarely if ever reflects the asset value of the company. When people are piling in and over hyping a share, should the BOD then get a bonus? If there is a global slow down in commodity prices should their base salaries be cut? I think salaries should be linked to the work that they do and tangible goals and KPI's that they have control over. Unless you are on the inside of the company it is very difficult to know whether the salaries offered are justified.

The cycle continues. Traders making a killing on MTR as each time it settles it tends to trade in predictable cycles before the next big move. In addition to the micro cycles, MTR has been repetitive in other ways in that moves up tend to happen very quickly followed by periods of long retracement. I'm not a trader in that I don't look to move in and out on the micro cycles as unless you are trading big numbers the margins aren't worth the risk. I know there are a lot of LTH here that will be down big but there are also a lot of people who have traded MTR and I'm sure will have made a lot. I've been fortunate that my sells have been pushed a little by external factors and these have come at the right times, then I've been patient with my buy backs. I'm happy to be sat in MTR at these levels waiting for the next move up and with the recent flurry of positive RNS and the promise of more to come, MTR is unlikely to be this far behind the MOD mcap for a lot longer. All postulations of course, nobody knows otherwise we wouldn't be posting here.

The current MTR Mcap doesn't add up in comparison to MOD, with MTR's share in MOD now worth over £6 million, the share of the JV valued at £20 million (based on MOD's Mcap) but MTR's current Mcap around £23 million. This doesn't even take into consideration KML and the other parts of the MTR investment arm which have some intrinsic value. So my conclusion is either MOD is significantly overvalued or MTR has some serious catching up to do.

We'll start to see some movement soon IMO. Short term target price has to be the 1.45p placing price, rare that you can buy shares cheaper on the open market than the institutions have paid in the same time period. 2p will offer the resistance because of the convertible loan notes which will anchor the SP around that level for some time IMO.

Big Ben if you are reading this, wishing you and your investment well buddy!

Back into MTR. Not invested in over a year having required the finances for property. Just catching up on the last 12 months RNS and can't believe the SP slide. I sold out at 2.2p last Feb, missed the rise to above 3p but also missed the slide so happy to be back in at such a low SP.

Debt has interests payments that weren't factored into your calculations. Dilution may reduce the upside potential of the SP as you correctly highlight but it reduces risk in the short term and leaves the option of further debt when required. Taking on more debt closer to production is the less risky option. What is worse than dilution is poorly managed finances that risk the viability of the company, giving 0% return. So yes the upside may have been reduced but the probability of the downside has also been reduced making Sxx a more favourable investment for many. Now is the time to manage risk and if this is done effectively then the SP will reflect that.

MOD bounce ahead of a suspension sounds plausible with the news due. I'll save the excitement for the big rise still to come, a close at 2.2p today would be nice but I, like many others are holding out for the race back up to 3p and beyond. When you look at where the SP has been in the past, the developments since then and the current SP it does give you a warm feeling.

No surprise we are back above 2p, that didn't take long. The cycle is underway, back to 2.3p in no time.

MOD up, descent RNS, a couple of sells this morning and MM's quick to move it down playing into the hands of those trading it. There is only so long MTR can stick at these levels. Bonkers correctly highlights the downside which is close to current levels based on technicals as well as fundamentals, yet the upside is multiples. As ever, happy to sit patiently having averaged down over the last 12 months, still feeling confident.

Get ready for the MTR bounce. MOD moving back up, MTR will follow. Still happy to hold here, can't do anymore topping up than I already have, happy to hold.

To be in MTR. Looking forward to the news release, lot of sensible theories being put forward about assay results and a funding update, maybe both who knows, whatever the news we know it is significant and price sensitive in order to cause the trading halt in the first place. 2.4p paid!

Topped up again ready for the £1 break. With the recent contracts being released and everything else in order the recovery looks set to continue. Once the resistance of £1 has been overcome the SP will be free to move up to the next level.

first II to top up since the results landed. Shows confidence and that they expect the SP to recover further.

Not sure the market agrees with your conclusions, strong momentum in the upward direction. I have taken some profits but still expect the SP to climb. That is my opinion, I could be wrong but I think the company has a solid customer base and the opportunity to grow. It would be hard to argue that it isn't in a better position now than back in 2014 when it was a new company and the SP was at 120p with a much larger mCap as there has been next to no dilution since then and many more clients. It will be interesting to see how the recovery plays out. I think I may have another opportunity to top up in the mid 80's before it pushes past the 90 mark as it is looking a little over bought now but we will have to see.

Yes solid RNS. RCN should be able to move on and up in the new year.

Overhang from the large sell yesterday. I couldn't understand how there were so many buys and the price traded between 79-81 all afternoon but the delayed trade explains it. Now these shares are starting to clear the path should be clear for it to move up. Keen to see the results be released, they have promised them before the 31st, will be interesting to see how the market reacts, if the SP is still at this price I imagine it will then start to really move but we will have to wait and see.

Anything at these prices is a good buy IMO. Not much activity on the boar today, mirrored in the volumes traded. Won't be too much price movement until the volumes pick up again.

Was like this on Friday and Monday, very quiet and then all of a sudden it races away and jumps 5% in less than an hour. Waiting patiently for the next move whilst watching my other share AST fly. That has taken a while but the patience is paying off, don't think it will take as long for the RCN recovery past £1. DYOR.

Great buy! the trend is reversing.