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This de listing unusual in sense that they have assess .so assuming they can be trusted it could turnout to be a blessing However it all depends if you trust them or not . I can't or haven't decided yet . Whatever's happens it won't be - at the very earliest - till next summer before anything happens .
Coming out today
Is beign posted so won't know what's on it today .I presume no possibility of Rns being released with its details today .
I may be in Dubai in May .If around lets meet up . I am not far behind you in terms of investment here . Though my average is just under the delisting price . It's all part of the game . Can't complain when it goes wrong . I am not expecting anything new to come out tomorrow other than what we have already been told about necessity to delist to ensure RTO would be completed .
Will be long long slog and not what we were promised . Over and out from me
They are definitely delisting . It's a done deal . They already have the required 75%. Thing is MB has invested a fair chunk and has shares so if not for shareholders but for himself he will try to get value .
Hopefully It's all part of a bigger play Superted -!!! Why would it end up in us courts . Have you been drinking
They are getting it . Was obviously all planned . Lets see
Curious - What makes you think that .I was lead to believe otherwise . When did vlad fly out to Texas ? As far as I know he was in Europe last week .
Production !!!
They are not trying to extricate themselves - what makes you think that . If anything the drilling program is set to take off and be intensified . The $10m is going towards drilling. They want to increase production form the measly quantity today to far larger numbers and to back up CPR with tangible prosecution figures . I should think that budgets post yesterday talking of delisting having to do with ongoing investment strategies Very relevant as well .
You cant blame matra if sp falls . There are no guarantees on stockmarket- specifically for small aim oilies. This could end up recouping all your losses if you are patient. There is obvioulsy some greater plan going on here. Another RTO RESTRUCTURING All of which would be hindred by lock in. My problem is the timespan for relisiting and the inability to trade my shares. Other than thatit could be bsessing for those willing to be patient. Matra have always been courteous to me and repleid and communicated promptly and to the best of their abilities. So they do care about shareholders. Think Feed can attest to that and BBB havent hey replied to your mails recently. Lets wait for monday and see .
I tend to agree with others it's best to wait and see what circular says . I do still think that this whole thing will end up as greatly benefiting shareholders in long run but it will take time . . Tobermory - no chance of a share buyback- zero possibility .know that for a fact
I am no longer Dubai based . Great place though to visit and work or live . Stuck in Paris - sounds great but not not always the case . My holding is "was" probably as large if not larger than yours but my average quite low around a penny. However it was and still is a fair amount . The timescale is the problem . Think if you can stick it out can get very good returns . If there are subsequent deals or succession of deals or even another RTO and we are kept informed then it would be a good sign . But a lot of ifs on the way .I nwas told that RTO was 100% certain to go through and relisitng a definite in April . So we shall see . But very badly managed and handled . Shows they just don't care .
Elaborate your last cryptic post please
I was told by a very reliable source that it will be a year at the least before relist with no guarantees that they will relist .And that is being conservative
I understand all of that . But it doesn't look good at all . I still think it will work well in long run . In fact very well .But I need to get out before summer . Thats my problem . Monday won't do anything but explain and give excuses .nothing solid for future . I quite like the people I have contact with at Matra . Anyway enough form me
When in difficulties . Not the case here . Here delist two days before $10m soko RNs. Strange and very strange . Like having money in a bank that may never reopen . It's there but you can't gain access to it unless Owners decide to reopen it . But in the Meantime they are all getting paid a salary by this bank of ours . Commetn .please I don't mind losing money in of any that is in difficulties or has made and decisions but this doesn't seem or smell right to me at all .
Twiter count under "swindled " . I don't use twitter . I think it's a bad idea what about others ?
To me that he was going to approach journalists and get publicity about what is going on. Just to tell them the facts . Would not make good reading would it ? I don't think it would do any good personally . But it is true that companies with negative image have real problems in the new corporate world . Wouldn't go down well in US it's certain