Anyone have any views on this? It was a recent play of the week in Share magazine a few weeks ago. They claim it has enormous potential, possibly another Cairn

What is Happening to MRS, does anyone know?

Hari,

Don't know too much about MRS to be honest so can't comment if the recent fall is down to company specific news, it's not one I hold. But looking at the chart, it's had a great run up from around 240 in June to a peak of about 400 in August. Not bad for a few months work! :-)

I guess one could argue that on the back of that rise alone, it was due for a bit of profit taking of some sorts? But what I would say that it has probably just been hit along with the likes if SIA BUR DNX VPC PMO etc in this overall pullback of the oil sector. Just my thoughts FWIW.

Gav

Thanks for that Gav

I'm still in..

Talk of a bid from Dana Petroleum in Herald newspaper today.

There must be a rebound sooner or later on this stock, really beaten down,
now in production in Egypt with levels increasing, and a serious drilling program to
start, and director buying, job to know where the bottom is.

There is a little upturn today, could we start to see my expected turnaround ?

Possibly hit a resistance level, could this be bottoming out now, hope so!

Good news today, at last the start of a possible rise.

All we want is a bid above 400p..

Frankly, I'm surprised there's not more people buying this because to me at least this looks very promising.

Held for nearly 4 years now and still down.

Don't sell now mitzy, steady climb now, should go past 325p.

I'm not long termer for me..

It doesn't take much buying in this stock to put it higher, so the day when serious buying comes in : this will fly.

Really weird movements on this one, it seems to me all you have to do is sneeze on your computer and it will move either way.

Atchoum !, now look what you made me do, sharp movements in the last 5 mn.

BLess you!

Cheers, thank you !

Tighter spread now, much better, can see this rising further regardless of the market drop.