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.

From the other thread I don’t think we are going to see 2p again before buying let alone 1.5 Max is now on board and with his expertise and contacts we could not only see A14 up and running but may be half a dozen more wells on the Sokolovskoe oil field all producing 1000bpd that would be nice and what would the sp be then and that’s before any acquisitions Max has in mind.

From the RNS

Mr. Barskiy's involvement with Matra is expected to significantly enhance new venture opportunities for the Company and will mean the Board can now consider a wider range of growth opportunities than those that were previously available to it. This includes potential acquisition opportunities in other parts of Russia in the short term and potential expansion internationally in the medium term.

Not far off 2p driver, probably due to the new chap's holding of a mere 575m shares.
2517

GEORGE

Nowhere near 2p up we go. Max is holding those shares he won’t be selling for a while...

Allotment of 575,000,000 New Shares and Appointment of Maxim Barskiy to the Board

http://www.moneyam.com/action/news/showArticle?id=4368062

That's a bit selective driver, they only started moving upfrom around 1.30pm.
2517

There is a research note on BMD's website for members only - does anybody know what it says as I am not a member?

3m

No but we will soon find out no doubt.

BMD board may have been to tell us the chap is leaving and a reshuffle of the board - who knows. At lease they are blue at this moment in time.

Not a very high price target but it will do for now.

FoxDavies Daily Monitor - Matra Petroleum, Cove, JKX
Tuesday, May 15, 2012
Matra Petroleum (MTA LN, 2.3p, ▼ 2.1%) - New Phase?: The departure of Neil Hodgson so soon after the arrival of Maxim Barsky marks the end of the past period of development, and the start of what we believe will be a period of aggressive growth. However, the remaining management has an obligation to shareholders to manage this transition period. These are exciting times for Matra, and at this stage we are reiterating our BUY recommendation and 3.9p price target.

http://www.oilvoice.com/n/FoxDavies_Daily_Monitor_Matra_Petroleum_Cove_JKX/37bb4da88d8b.aspx#ixzz1uvMxtJQI

Agreed driver 3.9 not a very high price but it may get moved higher over the next few months, we will have to wait and see. So long as it keeps moving upwards and doesn't fall down the slippery slope. GL

MTA doing really well this morning.
2517

A nice surprise. Long may it continue.

Seventeen and a half million just sold in one go UGH!

There were two of those so wonder if one was a repeat?

Yeah I got fed up ha! ha!
2517

It was me really, Oh How I Wish.

I don't hold these at all, although I've come close to buying a few times. Anyway good luck.
2517

Think this did well to sustain being blue after all the sells todayn (if they were sells that is).

3m

The 17m looks like a roll, don't no about the last big one but still looking very strong looking forward to 12p

Dr Neil Hodgson. Matra Petroleum.

http://brokermandaniel.com/2012/05/15/dr-neil-hodgson-matra-petroleum/

Driver
The two huge sells were only a few seconds away from each other so I would suggest it was a repeat. Obviously the new man needs to make a stand I would suggest and Dr. Neil Hodgson has obviously felt it time to move on. It did well to stay blue nevertheless and roll on anything on the upwards trend.