Mustang Energy Share Discussion Threads

[aimbagger] 11/11/2020 21:53

Nice little mention by Zak Mir: https://zakmir.com/stock-market-watch-amc-brh-jkx-msmn-must-orph-rms-tlw-tsi/#gs.knwl93

[aimbagger] 11/11/2020 11:51

Gone blue! Beginning to move, cleanest shell/SPAC there is. Moves on very little volume due to such a low amount of sii & ff. one to sit on and hold for a deal to happen, BoD aligned with shareholders so should be extremely rewarding.

[aimbagger] 10/11/2020 08:19

Jacqueline Yee, added to board in May is a superb addition. She will no doubt been looking at tech focussed companies for a potential acquisition RTO. Very impressive CV:https://www.linkedin.com/in/jrachelle

[aimbagger] 09/11/2020 15:58

https://t.co/aqHWEMdWiC

[aimbagger] 09/11/2020 15:07

!FOLLOWFEED
Mcap: £920k
Cash: £404k
Directors holding: 29.2%
Shares in issue: 8.4M (tiny ff)

HY report:
“the Company will be able to target an Acquisition where the target company or business or asset(s) has a transaction value of between GBP2 million and GBP50 million.”

SPAC’s are becoming increasing popular:

Directors and management are not taking any remuneration until the first acquisition is made!

Current cash balance will last 1+ years as a result. Serious skin in the game means any deal will be as non-dilutive as possible.

Dean Gallegos (the MD) is the largest shareholder with a 19.4% holding!

Australian Special Fund are cornerstone investors and will be supportive should further cash need to be raised for an acquisition.

Jacqueline Yee was added to the BoD in May this year to asses tech focussed deals. Technology companies have been going nuts this year... She is a Mentor to DeepTech Start-Ups on Singapore IoT Tribe Accelerator programs and an Enabler Member of The Global Fintech Connector.