Mustang Energy Share Discussion Threads

[aimbagger] 14/12/2020 08:05

Bullish start to the day!

[cl0ckw0rk0range] 13/12/2020 11:54

Yes I'm aware.

[apfindley] 11/12/2020 16:30

15% of shares traded today.Volume picking up.

[aimbagger] 11/12/2020 14:44

This is effectively capped at £500k as the company have £400k cash, ludicrously cheap!

[apfindley] 11/12/2020 13:57

900k market cap400k cashClean shellMain market listedDirectors accruing NO salary until a deal is doneDeals will be of the scale 2mill to 50mill in sizeWe have onboard a director who has a proven history of deals in the far East amounting to many billions There is a likelihood she will bring in a fintech company from HK to get a quick London listingThey hope for a deal before the end of 2020Watch this space(The above information is from company correspondence and rns)

[aimbagger] 11/12/2020 13:41

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) (i) 1a. Identity of the issuer or the Mustang Energy PLC underlying issuer of existing shares to which voting rights are attached (ii) : --------------------------------------------------------- 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer ------------------ 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights X ------------------ An acquisition or disposal of financial instruments ------------------ An event changing the breakdown of voting rights ------------------ Other (please specify)(iii) : ------------------ 3. Details of person subject to the notification obligation (iv) Name Richard Corsie MBE City and country of registered office Edinburgh, Scotland (if applicable) 4. Full name of shareholder(s) (if different from 3.) (v) Name --------------------------------------------------------- City and country of registered office (if applicable) --------------------------------------------------------- 5. Date on which the threshold was 10/12/2020 crossed or reached (vi) : --------------------------------------------------------- 6. Date on which issuer notified (DD/MM/YYYY): 11/12/2020 --------------------------------------------------------- 7. Total positions of person(s) subject to the notification obligation % of voting % of voting rights Total of both Total number rights attached through financial in % (8.A + of voting rights to shares (total instruments 8.B) of issuer (vii) of 8. A) (total of 8.B 1 + 8.B 2) ----------------------- ------------------- ---------------- ------------------ Resulting situation on the date on which threshold was crossed or reached 4.16% Nil 4.16% 8,4000,000 ----------------------- ------------------- ---------------- ------------------ Position of previous notification (if applicable) ----------------------- ------------------- ---------------- ------------------

[aimbagger] 11/12/2020 13:21

https://twitter.com/corsierichard/status/1337378648270237697?s=21

[knowing] 11/12/2020 12:47

Looks like the deal which was eluded too may be close.

[aimbagger] 11/12/2020 12:37

Believe so yes, was involved with EVRH/MVR in the early days.

[flashheart] 11/12/2020 12:35

Not invested here yet but Richard Corsie, isn't he the bowls champion?

[aimbagger] 11/12/2020 12:33

New TR1 holder! Has an MBE... encouraging! Deal incoming? Still sub £1M Mcap currently.

[imjustdandy] 11/12/2020 05:15

Anyone spot this statement in last months results? 50% uplift within 2 weeks if you believe the Directors. The directors are of the opinion the company will achieve a share price of 15p by 31 December 2020, and therefore the Options will vest by this date. The successful acquisition of a target company is anticipated by 31 December 2020 following the expansion of searches for target companies into increased industries and areas, and the share price is expected to increase following acquisition.

[imjustdandy] 11/12/2020 05:01

Two of the best shells on the market at the moment. MUST and MMM, the latter announced deal pending just last week. Mustang on a cash to Mkt cap ratio looks attractive. £800k mkt cap and £500k cash in the bank. Both could multi bag as shells do.

[apfindley] 04/12/2020 15:43

Meanwhile zzzzzz. Soon time to wake up the mustang.

[camkite] 27/11/2020 08:58

Alrite my man I wasn't around for the first riveting conversation besides, sussed it annyways.

GL team Mustang

[apfindley] 26/11/2020 22:02

We've been through this already. The lse site was wrong by 10x and they have been informed and shouldve rectified it by now.There are around 8.4 million shares only.

[puzzler2] 26/11/2020 19:14

Company website shows the total number of allotted shares as 8.4m. Many entities getting this wrong, including Sharescope, which says 84.0m shares. Market cap at close today £745,500. Holding a few of these as a punt on what might happen.

[camkite] 26/11/2020 19:13

ignore that, lse has it registered wrong

[dave4545] 26/11/2020 19:11

Looks like the LSE site has not put a decimal dot in the shares in issue and has them as having 84 million shares in issue when it's actually 8.4 million.

[dave4545] 26/11/2020 19:07

You sure camkite



Biggest shareholder with almost 20% is 1.6 mil+ shares so x by 5 and you get the 8 mil+ shares in issue not 87 mil...

[camkite] 26/11/2020 19:00

Aimbagger where are you getting a £350k mcap from they have 87m shares and valued at 9p ???

[aimbagger] 26/11/2020 11:04

Mcap effectively just £350k now when you strip out cash, unbelievably cheap. Main market listing worth at least £1M+ on its own...

[aimbagger] 20/11/2020 14:37

Impatience in play it seems... now an £800k Mcap with £400k in the bank! They don't come much cheaper than this... management not taking any remuneration until a deal is done! Cheap as chips...

[aimbagger] 18/11/2020 09:59

Decent volume today (compared to the average) buys going through at 10.9p