The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"Bought in at 16.5" Ouch!! Not looking good. Probably placing on the way. Canny investors probably selling as you bought. Placing always likely.
You might be interested in this post from 25th January. It was the last post I made with the sp predictions of posters when MTA eventually re-lists. 25 Jan '14 .................FIRST DAY PRICES WHEN MTA RE-LISTS OPEN AT.........................................................................CLOSE AT rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p Clox...................1.025 budgetbond......1.70p davefrench.........1.00p......................................................1.20p superted.............2.25p eddyboy..............1.60p......................................................2.10p gezza....................1.20p brezhnef...............3.00p BillyBadBack......£4.70..................................................2.88p green.arthur.........1.75p.................................................2.50p maximbygraves............£6.67 ROBBY1................£1.0125
That was also before the Zijinshan PSC, LEN, (along with US$35m of cash) was removed (divested) from LRL. LRL is a completely different animal from last year when the sp was 14p. It's "LOST" US$35m in cash for starters!! Do you know anything about LRL and LEN? It doesn't look like it!! This has got NO chance of hitting 14p anytime soon. goldenbrain? You probably have a brain, but it's definitely NOT golden!!
That was before the Zijinshan PSC was shown to be a probable dud.
The Market closes at 4.30pm. No trading after then unless there is a 5 min auction from 4.30 to 4.35pm. There wasn't an auction. It's a late reported trade. Probably reporting was delayed by an hour (or longer). MM's can do that for large trades.
Last year they issued their final results on the 26/4/13. "And just for fun - anyone reasonably expect these shares to get close to 30p in the next 6 months?" Who can tell what the ZZZ sp will be in the next 6 months. It all depends on the news they issue during that time.
The Market closes at 4.30pm, unless there is a 5 minute auction. There wasn't. There were NO trades after 4.30pm. Those "couple of buys" you mention were just LATE reported trades. MM's can do that for larger trades. They were most probably sells from earlier in the day when the bid price was higher. You obviously don't know as much about how MM's operate as you make out.
The sp has responded to the good news. We await more good news
Get real!! The sp went as low as 6p (intraday) less than a month ago. It's had a big rise. Almost 200% rise in around 2 weeks at last weeks intraday high!! Rises like that LEAD TO PROFIT TAKING!! Get real. That's how the stock market works!!
No need to apologise, mate. Just thought I'd mention it.
"then the sp of 4p at MAGP is encouraging". ???? rorker the MAGP sp is 2.05p not 4p
I'm in rude health. Or at least I think so. I don't spend that much time "cruising the bb's". I only do it when I'm bored. ultrapunch? It was the name of a product I developed many, many, years ago. More recently than D Day though. I'm not that old!! LOL. D Day was a good 7 months before I was born. Wish it was more than 7 months!
Well I'm still alive. I have nothing worthwhile to say on MTA, though I still look in on this bb now and again. Force of habit I suppose. Nothing more than that since I hold no shares in MTA (in fact I don't currently hold any shares at all). I'll be interested to see what happens to the MTA sp when it returns form suspension, if only because my son holds shares.
Nobody who posts on this bb can tell you when MTA will re-list or the sp the MM's will open up at when it re-lists. My best guesses would be sometime in mid to late April or early May and for the MM's to open up at the pre-suspension closing price of 1.025p (or a bit lower). bwtfdik? Others on this bb are predicting much higher sp's, when MTA re-lists, than me. Some are predicting 2p, 3p, 5p and even higher!! I'm only guessing and so are they!! What ever price MTA re-lists at is immaterial at the moment because MTA is currently suspended. So why not wait until MTA re-lists and if you think the price is too low you can continue to hold, or buy more. Best of luck. It's never a good idea to buy any share, especially a speculative AIM listed explorer, based on a friends recommendation or a tip on a bb such as this. DYOR before you buy any share, especially an AIM listed share. Caveat Emptor. Buyer beware!!
I have Stavroginsmith filtered. He's a very nasty piece of work. Reserves are mostly gas. It will be interesting to see the NPV10 (Net Present Value @ 10% discount) in the admissions document. I have no real idea of the likely first day closing price when MTA re-lists.
M is the Roman numeral for a thousand. MM is a million (M x M = 1000 x 1000 = MM = 1000000) Hence Mbbl is a thousand bbls of oil and MMbbls is a million bbls of oil. Also Mboe is a thousand bbls of oil equivalent and MMboe is a million bbls of oil equivalent.
Hi tallyfox. Always take broker forecasts with a very large pinch of salt. For example Davy have a 185p forecast for LOGP. Current sp? 20p. I remember someone saying they halved a broker forecast and then halved it again to arrive at a current fair sp value!! PS. Nordic is currently worth £2.9m to SVE. If you add in the 25m warrants (exercise price 1p) and give them a notional value of 6.25p each to SVE. That's a notional (notional because the warrants are not listed) extra £1.56m to SVE. That's £4.46m in total. SVE is a good play on Nordic.
"don't take profits" VERY BAD ADVICE!! Down 16% today!!
Bill Guest is on the Hurricane BoD Copied from the advfn LOGP bb ohisay 25 Jan'14 - 11:57 - 9078 of 9079 0 0 If you want to look at current comparable metrics look at Hurricane Energy - about to IPO at £272m market cap including cash to drill . 470m 2C contingent post CPR. http://www.hurricaneenergy.com/Investors/CompetentPersonsReport/
.................FIRST DAY PRICES WHEN MTA RE-LISTS OPEN AT.........................................................................CLOSE AT rorker.............3.5p oldnic................0p theg4mbler....1.1p Crewman.......1.6p mikeboy...........4.0p fifejim...............1.0p Notoriousx7.....5.2p bakoven...........1.446p Clox...................1.025 budgetbond......1.70p davefrench.........1.00p......................................................1.20p superted.............2.25p eddyboy..............1.60p......................................................2.10p gezza....................1.20p brezhnef...............3.00p BillyBadBack......£4.70..................................................2.88p green.arthur.........1.75p.................................................2.50p maximbygraves............£6.67 ROBBY1................£1.0125