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Let the day traders go they will miss out just coming onto the radar these tiddly sells are needed by the mms

this should never have fallen under 20p imho after consoldotion they have made good investment they are not even priced in never mind the cash

dropped the bid dont be fooled they need sellers there are none

we have 3 assets at £2.2m valuation plus cash ,this was 600p before consoldation very little in free float tightly held by institutions before consolodation its a 20p+ share imho.look here. http://uk.advfn.com/p.php?pid=financials&symbol=LSE%3AMMO

chumba dont worry about the 2 sells they will get eaten up quickly mkt cap still just 25% of asset value and cash and now thrown in for asset appreciation

covering up buys ISDX delayed Latest Trades 27/04/2015 10:03 70,000 @ 4.7 27/04/2015 10:02 15,054 @ 4.6 27/04/2015 10:02 3,201 @ 4.5

Just the start loads of news on the horizon

current mkt cap £450k Current assets Cash and cash equivalents 627,816 Trade and other receivables 607,092 Total current assets 2,024,560 TOTAL ASSETS 2,024,560 LIABILITIES AND EQUITY Current liabilities

A more realistic price imho 15-20p investments plus cash in the bank not many can say that latest rns STATES asset valuation £2.2m

Contact them regular and i expect an update anytime hopefully a new resource investment soon closer 2 home.

smudgedan dont think investors have looked or done any research on this that will change quickly as we rise my tgt 15-20p on thier investments

Your not alone way cheap and going north

SMALL CAP MOVERS: UKOG, CLIN, VOG, SXX, TRAK 24th April 2015 http://goo.gl/KwEIBL

SMALL CAP MOVERS: UKOG, CLIN, VOG, SXX, TRAK 24th April 2015 http://goo.gl/KwEIBL

been a few buys today and on the rise can hardly buy anything

8. Number of securities in issue The percentage of securities not in public hands is: 45.9% The number of shares in issue: 561,839,801 Number of Voting Rights: 561,839,801 Significant Shareholders: Name of Shareholder Number of Ordinary Shares Percentage of Company's issued share capital 1296421Ontario Inc 140,333,333 25.4% Scarborough Ltd 86,266,667 15.6% Old Capital Limited 20,593,000 3.7% Mercom Capital Corp 16,600,000 3.0%

RSI now around the 13 level is extremely oversold and as oversold as it has been at any time over the past couple of years. This would suggest that we are due a significant snap back imminently, and that it may be worth being in place here on the long side from this point on. When you add in the way that this oversold state it appears to catch the stock at the floor of an extended wide price channel from the summer of 2013 and there is another driver for the Bulls. The alternative to straight bottom fishing would be to wait on a momentum buy trigger, which at this stage is seen as being ideally an end of day close back above the 20 day moving average at 6.98p, a feature which has capped the shares since as long ago as July. Above the 20 day line it seems fair to target the area towards the 200 day moving average at 13p /pre July support Mercom recently switched from an oil exploration and development business to an oil and gas investment company. After the capital reorganization in July and the out of court settlement with Nordic, the company is well positioned to take bold investment decisions. The management has already acquired a diverse oil and gas portfolio through its stake in various companies, holding a variety of assets in natural resources and energy sectors. The company has come a long way since its AIM listing in 2012, and is constantly evolving with better opportunities to create a substantial value for its shareholders going forward. In May, Mercom restructured its investment policy and invested £768,000 to acquire a 30% interest in Lion Natural Resources, 35% stake in NWT Coal Limited and 7% convertible debentures of Maverick Petroleum Limited. Mercom Oil Share Chat (MMO) Current Assets £2.2m + £627,816 CASH Balance Sheet Current Assets 2.02M Director Dealings Traded Action Notifier Price Amount Value More … 30/01/2015 Purchase Dr Patrick Cross 0.00 466,666 0.00 30/01/2015 Purchase Mr. Kyle Appleby 0.00 466,666 0.00 https://www.youinvest.co.uk/market-research/LSE%3AMMO

and £1m in the bank as per last rns most undervalued resource stock i know

will move on a few 10k/£334 worth stock very very tight

ordered do not wait for the rns update im expecting 13-15p