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Yes of course no rules broken - but quand meme
Barclays amongst others
Are you going to the useless meeting today which is basically an excuse to legitimize the company being taken private and deny private share holders any opportunity to benefit from either the RTO or more importantly the recent $10m soko payout . If this was listed would easily have doubled on rentry . I cannot believe how aim or financial authorities can allow this to happen . But no one forced us to invest here .However we all assumed - wrongly as it has turned out -that management Would act with modicum of decency and not just look after their own interests . Ps you do all realize that their salaries and business and travel expenses are going to continue to be paid out of our money l.
Just change broker to one that will hold delisted Matra . End of conversation
Till post delisitng . Good luck anyone going tomorrow and please ask the questions I posted earlier .
Ceases do we all agree to continue posting on advfn as it will not be removed even if mta no longer listed . Need to agree beforehand so as to keep eachother informed .
Just to clarify my earlier posts - I am in no way saying or implying that any laws have been broken by Matra . But I just feel that the small shareholder has been somewhat mistreated . End of my spouting .
Yes in manner of speaking . Think it will eventually most certainly be relisted or bought out but I am very very troubled by certain things. I am sure that it is just my imagination . My imagination which says that a lot of small shareholders will be frightened into selling their shares at whatever price they can get .Also this delisitng and $10m payout thing - which of course is a coincidence . I just hate coincidences . And you LT. What does your gut instinct say ? Doesn't look good does it towards the small shareholder . The company has $10m in cash so it is anything but worthless there is also Texas asset which on paper could be huge .
Are you going tomorrow . If so ask them - and this is what they will do - 1/ Whats to stop them selling part of their holdings without same offer being made to small shareholders. I.e can they sell a part of their holding without same offer being made to us . The offer to buyout shareholders only applies if someone buys all their holding . Surprise surprise . 2/ who bought soko and what is it producing . Bet you anything will be fobbed off
Stop being so sycophantic . You just may well be - most certainly are - being taken for a ride . It was all planned . The buy in ,the sellin of soko . The additional $ 10m payable once delisted and finally the delisting . If you are so confident in vlad and his waffle why not buy up at exit price . I don't believe a word of his rubbish . And I really wanted to . So tell me are you buying at delisting price . Thought not So perhaps better to zip it and continue being fobbed off by vlad
Have confirmed that they WILL - if requested - go on holding the shares for you but will show as having no value on your account . They will also trade them with JP Jenkins . I would suggest it is better to have the shares held with a broker rather than in certificate form. Makes it easier to trade and also should they relist or be taken over Barclays will deal with all the paperwork . It's very easy and cheap to change brokers
Or lie just give him the facts
https://mobile.twitter.com/harrynwilson Don't be shy folks .
Of the Daily telegraph journalist Harry Wilson - the one who wrote the article on delisting harry.wilson@telegraph.co.uk I am sure he would love to hear from some of the people here who may rightly or wrongly feel that they have been a tad short changed to put it mildly . If you do write to him try to give him the facts and reasoned argument not emotional garbage . I am sure that Matra would love publicity for what they are doing which on the surface is totally legitimate .Lets see what harry and The Daily Telegraph makes of it. I am sure Tricon would also welcome the added publicity . Here is email one more time harry.wilson@telegraph.co.uk Get writing folks . Can't do any harm now can it and Matra have nothing to fear as they have of course followed the letter of the law and put small shareholders interests first and foremost .
Spangle93 21 Apr'14 - 11:54 - 7635 of 7635 0 0 FTJ - did you see this... You're probably 2 months too early http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10776508/City-watchdog-ready-to-tighten-rules-on-buy-outs-to-protect-minority-shareholders.html The Financial Conduct Authority will next month look at changing the listing rules so that a majority investor would have to get the support of a large number of smaller shareholders to take a company private.
Was meant to be cryptic remark to the great teetotaler about someone we are both in contact with . One of us credulous the other nowt. Maxb- How high are you willing to go in your mad pursuit of more shares here . Would you go up to 0.5 what about 1p? I think you told me previously your average is quite high . My reading between the lines is that this will either be relisted or sold on within the year at hefty profit . Just my reading of things I add. Total guesswork . Great way to pick up shares on the cheap though - for someone sure it's going to be moved on next year or relisted . But of course no one can be sure .
Ft journalist 17 Apr'14 - 15:53 - 7634 of 7634 0 0 Reply from aim regulation this afternoon . Please can somebody post this on lse Board . I will post any further replies from AIM. I believe it is important that the Matra board realise that we are not passive and if there are or have been any breaches of AIM or company law then they will be investigated . All I want to be sure of is that no laws have been broken . Dear Thank you for your further e-mail below regarding Matra Petroleum plc (“the Company”). We note your concerns regarding the position of minority shareholders in the event of the Company’s cancellation from AIM and, in particular, the events immediately before the proposed cancellation. Your complaint appears to raise concerns regarding the conduct of directors of the Company and prejudice to minority shareholder interests. You will appreciate that director duties and minority shareholder rights are subject to corporate law and the Company's constitution and, accordingly, the rights and remedies of shareholders are governed within the corporate law framework and not the AIM Rules. We would like to assure you that we take your concerns seriously and should you have concerns/information regarding potential breaches by the Company or its directors of the AIM Rules, we would be grateful if you would provide specific details so that we can consider further. As previously indicated, AIM Regulation investigates all complaints made as regards the conduct of AIM companies and nominated advisers in respect of their compliance with the AIM Rules and Nomad Rules. Thank you for bringing your concerns to our attention. Kind regards, AIM REGULATION
Please tell me you are not falling for the usual rubbish . It's all too obvious. Lets see how many panick and clear out and their shares are bought on the cheap and then surprise surprise relist time .
I am no longer wating for Godot - divorce . Not impressed .
If you are serious you need to say how high you would be willing to go and what quantity you are looking for -0.2 - more like between 0.5-1p. Especially if there is a lot of news post delist . Remember that brokers will charge you telephone dealing charges not Internet rates . I would be interested in buying large chunks in one lot rather than small amounts.