Mustang Energy Share Discussion Threads

[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

[aimbagger] 14/11/2020 10:48

Due to such low volumes since IPO its possibly just loose stock from the brokers that they're moving on. I can't imagine there is much left to shift, hopefully makes a move next week.

[apfindley] 14/11/2020 09:54

With such a limited amount of shares left unaccounted for, who is actually selling to allow buyers in, without increasing the price? There's been over 2 million traded in the last 3 sessions (near 25% of issued shares).

[aimbagger] 13/11/2020 14:49

My thoughts exactly Yas, I've been researching the company for the past couple of weeks and bought in earlier this week abs set up the thread. Fantastically clean shell/SPAC

[yasx] 13/11/2020 14:17

Have taken a small punt here recently - await a deal, which, if it were to emerge, would send this vertical.

[aimbagger] 13/11/2020 13:43

Loose stock drying up!

[apfindley] 12/11/2020 17:47

An insignificantly small looking quantity of shares traded today, however its still over 4% of issued shares. A bit of interest and there could a huge movement here as not many shares in free float to churn.

[aimbagger] 12/11/2020 15:43

The award to Shell of the Moment had to go to #MUST a company likely to be steered into the direction of #fintech. The market cap remains below £1m, with the £400,000 in cash @ZaksTradersCafe directors are said to be doing without remuneration until a deal is done.https://twitter.com/share_talk/status/1326911000247984132?s=21

[apfindley] 12/11/2020 13:00

Agreed. Plus they were wanting a deal by the end of December (although probably into the new year now). And due to oil prices they're considering resources , and more likely now will be Fintech due to the additional director who carries with her a proven history of billions of dollars of deals in the far East.

[aimbagger] 12/11/2020 12:50

Only 8.4M in issue as well, there's a line of stock to clear at the moment by the looks of it but once bought up the MM's will just shut up shop with none to play with. In the recent interims the company said it was targeting an acquisition with the value of £2-50M so a potential 50 bagger on the right deal! Having directors aligned with shareholders and a supportive cornerstone investor it should be extremely fruitful no matter what. £1M Mcap for such a clean SPAC seems cheap to me. Especially as they have £400k in cash, £2-3M+ prior to a deal would seem a much fairer valuation bearing in mind the main market listing alone is worth £1M+.

[apfindley] 12/11/2020 12:22

Shares accounted for... over 67% hereSo not much free float at all.Dean L Gallegos 1,630,000 19.4% The Australian Special Opportunity Fund, LP 1,000,000 11.9% Optiva Securities Investments 645,000 7.7%Matthew Lumb 500,000 5.9% Curtis Burton 500,000 5.9% William Richards 500,000 5.9% Jonas & Catherine Chow 300,000 3.6%Helen Mary Leighton 300,000 3.6% Adrian Whitaker 300,000 3.6%

[aimbagger] 12/11/2020 11:57

One of these would be nice ?The 12 European tech startups most likely to IPO next: https://t.co/Iv459ZPzQb