Mustang Energy Share Discussion Threads

[aimbagger] 11/2/2021 11:33

MM's now virtually dry... I reckon that's the sell off complete. Big premiums wanted for above 10k shares. Should turn sharply from these levels.

[aimbagger] 11/2/2021 11:10

No time limit as a main market listed SPAC. I reckon the bottom is in here. Tested the 20DMA, about to bounce looking at the RSP.

[inthemix] 11/2/2021 11:09

How long these got left to find an investment before delisting?

[begorrah88] 11/2/2021 11:08

Richard Edwards threshold was crossed on Tuesday [9th] yet the walking down is still going on.

The buys still getting cheaper - I think there is more to be announced.

Maybe it will rejoin an uptrend from the 16/17p range if it gets there.

[aimbagger] 11/2/2021 11:05

Just moves quick either way when there's volume. Richard Edward's final flush IMO. I've just added just above 21p, too cheap down here.

[begorrah88] 11/2/2021 11:02

Yep, something a tad smelly going on.

[begorrah88] 11/2/2021 10:46

....and yet we still have this nonsense of the bid [and now the offer] being walked down on pretend trades valued at under 25 quid.

[aimbagger] 11/2/2021 10:32

Aha! Richard Edward's was our seller, based on the volume that's gone through I think he's either out now or on fumes! Could run hard again with Corsie taking up the slack.

[begorrah88] 10/2/2021 19:51

I have absolutely no problem with people taking a profit & agree we are in an uptrend. What I don't like is the way tiny trades are being pushed through the book to impact the share price & the genuine sells aren't being reported.The 150000 looks as though it was a rollover from yesterday and the 40k late reported sell @ 23p was probably why it was impossible to get a price to sell any stock most of the afternoon that didn't go NT.My concern being why the need for the silly trades & secrecy? At this stage of a stocks progress it shouldn't need smoke & mirrors - it should be a clean & transparent process.

[richardjohn10] 10/2/2021 19:01

It's just profit takers, it's in an uptrend and will continue into the 40s

[begorrah88] 10/2/2021 16:41

Something a bit troubling going on here. I invested partly because of the relatively small amount of shares in issue & clear info about holdings so should be straightforward to follow but this nonsense of dropping the share price over & over on buttons trades & any buys that do happen (which, on face value easily outweigh the sells) get progressively cheaper through the day as if someone is constantly reducing the amount they are prepared to take to 'off' their stock.The abscence of any clarity as to who or why means this is now a problem for me.

[mister md] 10/2/2021 12:30

Seems that way, yes. Also notice Richard Corsie tweet today mentioning that its due to the seller(s) that he's been able to add more to his holding ...

[begorrah88] 10/2/2021 11:37

Certainly some sort of barrier at around 25p

This nonsense of putting through tiny trades to pull it back down each day [£2.30 sell removes the gain achieved by about £18k of buying?] is just a smokescreen in my view.

I think someone is selling in the background each time the share price nears 25p on the bid but not declaring a reduced holding as the supposed free float of 800k shares, even if being day traded furiously which is unlikely given the spread, doesn't justify the volume we have seen over the last couple of weeks.

I'm expecting a significant holding change at some point but when people sell out of a stock they seldom do the correct thing of notifying.

Can't say I blame the seller as obviously done well out of their initial investment and this current consolidation phase isn't a bad thing.

RC still obviously keen but the share price being pegged at sub 25p on the bid is either a significant, yet to be declared seller, or being held down to consolidate the gains we have had.

Been a quick ride up of late but will be nice if and when we get the next leg up.

[aimbagger] 10/2/2021 09:23

Corsie now on 12.2%! Free float just 7.8%...

[aimbagger] 09/2/2021 13:32

Richard: hTTps://twitter.com/corsierichard/status/1359132453663887367?s=21Surely another run over 30p soon.

[jonny_wright] 09/2/2021 13:00

Blue now, here we go

[aimbagger] 09/2/2021 12:52

Great to see Richard Corsie now over 11% ?

[jonny_wright] 09/2/2021 12:52

He's a big player in Mustang! Sensible guy, I have a good amount in here, as I believe it can go parabolic easily

[mister md] 09/2/2021 12:50

well, theres the RNS. But its a holdings increase for Corsie. 1% added =84 k shares ?

[begorrah88] 09/2/2021 12:49

It is because someone has been selling in bigger parcels.The 50k earlier was a sell as is the 30kWe've had a few of these larger type sells over the past week as well as some chunky volume recently but no TR1's declaring reduced holdings.Hopefully we will have chewed through the seller soon.

[jonny_wright] 09/2/2021 12:37

3/4 buys today, yet it's down over 5%

[jonny_wright] 09/2/2021 10:46

Once again this is being held back today

[aimbagger] 08/2/2021 21:52

MUST to do a GCG soon ?

[jonny_wright] 08/2/2021 13:50

How is this down today after so many buys?

[aimbagger] 08/2/2021 10:39

Slight cool off today ahead of a further push north IMO. Mcap back to £2M, just 9% of sii in free float, MD the largest shareholder so aligned. Targeting an asset or co up to the value of £50M. Happy to see how this unfolds, can see multiples on the right deal.