Would I be right in saying we would be around the 26p mark, we're it not for the placement?
350k shares @ 23p does appear to be a buy.
Ramp/deramp it's pretty irrelevant to the SP. A "commercial RNS" will as said below send the SP northwards. It will soon be crunch time. Not going to lie, I'm slightly nervous, but was always going to be. How do people rate the chances of PC being commercial.
ShareProphets have released another article. I was hoping the SP would rise untothe 30p range on spud, with the view to redisking before flow test results. Placement has out a spanner in the short term works for me.
An explanation as to what the funds are being raised for would have been nice. I just wonder why they are diluting the business at 21p if they have commercial oil? For me msmn is starting to look a riskier bet than a couple of weeks ago. holding, watching and waiting.
Sorryif already mentioned. Beaufort securities upgraded MSMN from hold to speculative buy today
I came here with the intentions of short term gain once spud ding commenced. Then I thought i would maybe just derisk at 50p. But now I might just slightly derisk and hold these for the medium to long term. The more I read, the more appealing MSMN looks. CG
Expect MAGP sell off this afternoon and entry back into MSMN - MSMN will rise later today once profit takers are out of MAGP.
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