Has any one noticed this this morning a lot of buying with just one sell Ttrade,any one think this could be a good punt,advice please before its too late.thanks.

Quite a rise to 5p on that news alone,bodes well for when we do get closer to drill completion,and spudding news should take this back to at least 5p and +.

Burton sells as Matra starts drilling
Non-executive director Craig Burton has sold 3m shares in Matra Petroleum at an average price of 4.16p a share but he still holds 45.2m shares - 4.53% of the Russia-focused oil and gas explorer.

This follows last Friday's disposal of 18m shares by Macquarie Bank, which retains a 11.02% stake in Matra.

Burton is a director of a number of quoted resources companies.




Company Name Buy/Sell Date Trade Value Director Volume / Price
CAP-XX Sell 21-Oct-09 479,999.99 John C Murray 2,000,000 @ 24.00p
General Electric Buy 22-Oct-09 132,503.91 Alan G Lafley 13,000 @ 10.19
Matra Petroleum Sell 27-Oct-09 126,000.00 Craig Burton 3,000,000 @ 4.20p
Mondi Buy 27-Oct-09 20,262.00 John Edward Nicholas 6,000 @ 337.70p

5p would be a lovely confidence booster......

wouldn't it just.... this week??

seems the progress is being made......perhaps as the weeks go by it could-should-would be gaining some levels closer to the 5p mark......

hope Mr Hind is gonna update soon.....

nice tick up today, watcher... bit closer to your 5p

lets hope it holds and goes in the same direction.....no news found to indicate it will stay that way......keep the faith........5p

one possible reason for the advance is a recommendation from a tipster or in a magazine, may therefore be shortlived when the market settles down

good luck everyone.

so we slipped a bit today......total number of buy trades has given me confidence that some good news is around the corner.....following on from yesterday....still looking for the 5p.....or more as the drill programme progresses.....conservative and no ramping

5p coming up.....

yep good to see the creep is in progress....now all we need is a positive RNS and see where we are going to next.....back to the cricket....and watching

very sad.....lol

agreed.....

Break out to 5p today quite possible.

Gone though already, now climb some more and hold on.....

lovely confidence booster......see if it re-traces......if not expect some news to the positive side soon

Watcher, question for you lower down the thread board on RGT..

RNS Macquarie bank sells 19m shares.Cashing in?