The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
"How can 'dealings' be going on during suspension??" Easy, mate. MTA shares are suspended from AIM. That means you can't trade MTA shares on the AIM Market. It doesn't mean, however, that you can't trade them OFF Market!! You could sell your MTA shares, if you held the share certificate(s) in your name and if you wanted to, to a buyer in a private off market transaction.
Looks like DELEK have sold 221,516,129 MTA shares DIRECTLY (off market) to Tricon Energy Finance. It also looks like Tricon Energy Finance already had 18m MTA shares. I wonder what price Tricon paid DELEK for these 221,516,129 MTA shares? Seeing the transaction was off market we shall probably never know.
Thanks fella's for your support. I have STAV on filter, but I decided not to log in on monday just to see if he was still posting. I corrected his mistake re the RNS. I've logged in everytime I've looked in since so I haven't seen what he has posted in reply. Seeing some of the comments on his post I'm glad I didn't see it. He will stay filtered because I don't want to get into a slanging match with him again. Life's too short to get into a slanging match with STAV on a message board. Basically I 've stopped posting on here because in the absence of news I've really nothing much to say. I have no idea what is going on behind the scenes at MTA and I have no idea of the likely MTA sp when it re-lists, whenever that will be (presumably anytime between now and the middle of April?).
"It is anticipated that completion of the Phase 2 Investment will take place on or around 15 January 2014." MTA can't re-list when Phase 1 is completed since Phase 1 was already completed by the time the RNS was issued on the 31st October. Phase 2 due diligence started when Phase 1 completed and that due diligence is expected to be completed and an agreement signed by the 15th January. Posted on here because of todays NEWS concerning UEN seeing that Barskiy is involved with both MTA and UEN so it could have a future bearing on MTA, even if I think it unlikely.
Just eleven seconds between the two 200k trades implies to me it was a rollover!! The 6.20p was the selling price and the subsequent 6.25p was the buying back price. The 0.05p per share difference was the MM's fee. It should be logical that if someone really bought 400k today then the sp wouldn't end up down on the day.
News. At last!!
I followed your advice and had a small punt on TRP last week. Sold today for a 50% gain in 7 days. Sold too early because I could have got another circa 10% and it could continue to rise tomorrow. Still a profit's a profit. Thanks for mentioning it.
It's up 0.25p!! LOL. News tonight in Oz? LOL.
Small drop today on just 8 trades all day and miniscule volume. Todays small drop means b*gger all. Just awaiting news. It's late (as usual with LRL and most other AIM explorers) because this is what the RNS dated 29th October stated ...... " The Company now anticipates that the requisite shareholder meeting to approve the demerger will be held in late November or early December 2013" Well we definitely wont be getting the meeting within Atherley's timeframe, as per usual.
LOL. It's possible we'll get further news on the demerger of Leyshon Energy next week and given a date for the special meeting.
A rise on low volume and no news doesn't mean much. Fingers crossed we get some serious buying and volume and some good news very soon.
http://uk.advfn.com/p.php?pid=chartscreenshot&u=Xs9zNdtuwgebhnDMY6zqJFVzFWFuEj8xWM0IeGqAQ5M=
http://uk.advfn.com/p.php?pid=chartscreenshot&u=4n+jAobeA0IcIT2vNUeFKcgOagl0QcJwgl5bAiHUXP4= RSI started to rise yesterday and MACD gave a buy signal today. I would like to see higher volume.
http://uk.advfn.com/p.php?pid=chartscreenshot&u=ilevGwyKFXcClt24RVsWj/5XlILh0nTSGwLKqN0vMW0=
Fletcher hasn't sold his 2.3m LRL shares. They are held in trust. Apologies for my mistake.
Selling 2.3m shares would have been a drag on the LRL sp. Now that he has finished selling we might see a bounce in the LRL sp. Perhaps the buyer, whose buys have been showing up after the Mkt has closed, will push up the price if he is still accumulating?
Looks like he has already sold his shares.
boe means barrels of oil equivalent. That means it's a mixture of oil and gas! That is it's circa 7MMbbls of oil (68% oil) out of 10.575MMboe. Didn't intend to post on here again, but you are interchanging barrels of oil and barrels of oil equivalent as though they are the same. rocky2. Filtered.
From the MATRA RNS: "Under the Purchase Agreement, Matra USA, through a series of investments, may acquire up to 38,746 net acres, across 50 leases located in the Texas Panhandle, with internally estimated remaining recoverable reserves of 10,575 Mboe, averaging 68% oil, for an aggregate consideration of up to $28.2 million." So that's circa 7MMbbls of oil, the rest being gas, etc.
417Mboe is 417,000boe. 417MMboe is 417,000,000boe. 3,371Mboe is 3,371,000boe. 3,371MMboe is 3,371,000,000boe.