Member Info for savs1907

Amazing that got released bang on 4.30pm. Peel Hunt certainly didn't hang around in dumping some of the stock they acquired less than a week ago. Oh dear - what message does that send to the market? Probably another rather large decline tomorrow - that seems to be the trend - today was the only day in the last week or so that the SP has risen. At today's close its down over £2 from its peak of a couple of month's ago.

Nor sufficient cash to fund it. There's also the biggest problem facing the share price, which is the several hundred million warrants granted at 4p - that's along way off today's close of 16p.

1000% Maid - what substances are you taking?!! It can’t even do 1% - down 5% on the way down to somewhere near the warrant conversion price of 4p. NAV when all remaining warrants convert is 4.7p. Could be lower depending on how large the continuing losses are.

An excellent summary Pete. Like you, I have also looked at JamesTrader’s post - the common themes seem to be:

NT - can’t buy

Spoof trades

MM’s not allowing buys

Blue day tomorrow

And on and on he goes!

A couple of very good points Pete - especially comment on the level of return. Mast has been loss making since incorporating- a short period would be acceptable but this company is still loss making and there’s nothing I can see that’s going to change that position. Bit rich JamesTrader talking about ADVFN - he’s Harry Haven on ADVFN.

Noticed those - sadly 920,000 of them were sells.

That will result in around 275m shares - give or take the odd couple of million. Even if the company received the full conversion proceeds, that would give a NAV of 4.7p per share. Let’s also not lose sight of the fact that the company is still loss making, so a proportion of that cash is going to fund those ongoing losses. To be a real player in the energy market, you need far more capital than Mast has available. Sadly, a continuing decline.

Fair play HH. Like you, I try and stay focused on the facts, but there are a couple of muppets on here spouting absolute garbage, that occasionally warrant (pardon the pun) a more direct response. I’ve no problem with genuine investors posting positive information, but I’m sure we’ve all seen the fantasy and false hype by a small number who’s sole interest is to try and get a rise in the SP so they can exit a losing position. The reality is, that no matter how much rubbish they post, it has little if any impact on the SP.

Thanks HH.

HH - where did you get that info from please? If that’s the case, then the SP will only go further south.

That's exactly how much you would now have, if you'd invested £1,000 in Mast just one month ago. Given that there are still a huge amount of warrants yet to convert, I reckon the £100 will disappear fairly soon and it'll be down to £8.89.

SP has fallen 89% in the last month - that must tell you something!!

Buy orders now showing at 390k, with sell orders at 591k - says it all really - nothing to do with any kind of manipulation - simple market forces. More sellers than buyers, then the price goes down. price to sell being shown as 14.02 - 15.00.

Finally, after numerous warnings about the impact of the 4p warrants converting and the impact that would have on the SP, the true value is starting to emerge - albeit the SP still has some way to fall yet. Add to this the fact that the company is still loss making and burning the cash from the warrant conversion simply to fund those losses, then there’s not much to be positive about.

Question is - where did they get those shares from given that 98.53% of the issued share capital is or was held by 12 investment firms.

JAMES who is Puzzled Pete? Nothing fake about what I've posted - its all come from the company's own information - information that you really ought to read, then I and others wouldn't have to keep pointing it out to you. The only fake stuff I see on here, is your wild suggestions that by investing in Mast " we'll all be millionaires this time next year Rodney"

Sorry James- here to stay - I’ll be doing some further work on the accounts and performance over the next couple of days. Forensics and analytics is something I’ve spent a fair while doing.

James - I’m here long term to ensure a balanced point of view!

Maid/ Harry Haven - no one was spooked - the market was expecting the drop. As indeed it will tomorrow. We’d all be real interested in seeing the “research article” you’ve found!!! Shame- it only exits in your fantasy world.

James - it’s neither “talented or criminal”. It simply reflects what the market and investors think of this loss making, cash burning dog.