Confirmation awaited!
I am now confirming that the City of London are awaiting CONFIRMATION from the company re’ the rises taking place.
It is my opinion that Matra are now back on production. Let’s see if they can sustain it without the water.
However please research your investments.
Daniel
Hi Dan,
Matra is going up like a rocket. Just got into it yesterday before pulling out with losses.
Made a decision on your post yesterday and currently 40% up ,,,,,,,,,, wow……… This is amazing…….
Apur
looks like a suckers rally to me… no volume trades at all.
pump and dump…
before you say, im not a deramper, im invested in this so would love to see it do well. but think this rise today is just a suckers rally spurred on by nothing other than pi frenzy
Dan, are you surprised there was no RNS this morning? Surely the rise cannot be substantiated without news?
The news is in. Have no doubt about it.
The current upward reaction is wholly based upon it.
I am very surprised that there is no official release. It could very well be that news is very,very good.
Hence the hold-up.
Daniel
Dan, i appreciate your optimism however “holding up” may not be the correct phrase if it keeps dropping like it is now. A12 has not flowed after the “cement job” i think that is perhaps why we have no news yet!
Dan, sent you an email on gmx acc.
Yep a hint of bad news and this would be tanking . Keep your ear to the ground dan 🙂
It’s already tanked. Matra are in recovery. Oil has already flowed@ A12! Hence the increase. 5/6/7p on news release.
Dan
Dan, you’ve gone quiet on Matra? As i reiterate, A12 has no doubt already flowed however not since the cementation works i presume? Would that be a fair statement?
It’s a case of awaiting company news here. Watch the sp a fair indicator of a return of production.
Dan
That’s all we can do Dan is wait and hope eh?? You still confident?
Watching the SP is a fair indicator of production Dan – i guess lack of production is driving the price back down again to sub 2p?? Or was Fridays rise a rouse to let out a few institutions??
Dan
Can you check with your sources re a couple of trades on Friday 1st October…are they buys or sells??
At 12.58 a 9.5 million trade at 2.52p per share. This trade showed after hours.
At 16.23 an 11million trade at 2.50p per share.
Cheers
Date Open High Low Close Volume
1 Oct 2010 (Fri) 1.88 2.80 1.87 1.88 91,530,946.
I take it that these trades are to be extrapolated from the above? Where they automatic,ordinary,ut,ok,negotiated etc?
I’ll have to phone the market to find out.
Let you know tomorrow.
Daniel
Thanks Dan. I am thinking if was Macquarie selling then tomorrow would be the day for notification by way of an RNS.
That should read if it was Macquarie. Too late!!!!
Any update yet Dan?
The At 12.58 a 9.5 million trade at 2.52p per share. This trade showed after hours. Was placed through London Stock exchange and was a trade between an MM and a registered company. The spread is showing as 2.45/2.60 CONFIRMED
This one; At 16.23 an 11million trade at 2.50p per share. Did not go through the London Stock Exchange (CONFIRMED)
So it looks as though it went through on Plus Markets. Again due to its size it suggests that it was of a similar nature to the above.(UNCONFIRMED).
Daniel
You say “Watching the SP is a fair indicator of production” Dan – i guess lack of production is driving the price back down again to sub 2p?? Or was Fridays rise a rouse to let out a few institutions?? Looks like Macquarie timed it well.
How are you feeling about Matra now Dan?
Macquarie are profiting taking. That’s their business model kicking in. Matra are well on track.
Dan
i appreciate Macquarie selling – fully understand that. what i struggle to comprehend is the share price slipping back from the recent 2.8p – i also do not understand why Matra will wait for A13 to produce before releasing news on A12 first. surely a steady stream of positive news will add a strong momentum to the share price?