Mustang Energy Share Discussion Threads

[mister md] 16/12/2020 11:54

16-17 bid offer now

[mister md] 16/12/2020 11:53

which jealous trader red-ticked my buy at 14.44p post ;-)

[mister md] 16/12/2020 11:44

and another holdings RNS
Richard Corsie MBE upto 7.73% seems he added today ?



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 16/12/2020
crossed or reached (vi) :
--------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 16/12/2020
--------------------------------------------
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 7.73% Nil 7.73% 8,400,000
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable) 6.54% 6.54%
----------

[mister md] 16/12/2020 10:24

fwiw added 40k at 14.44p

[mister md] 16/12/2020 10:14

" 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. "

top-up time approaching ?

[pre] 16/12/2020 09:30

lol - looks like he's a trader too!

[mister md] 16/12/2020 07:13

RNS - Richard Corsie MBE has increased further to 6.5%

[euclid5] 15/12/2020 18:51

About Lind Partners
At Lind, we understand the challenges faced by management teams of growing companies.

By upholding our mission to be a responsible investor and a reliable financial partner, we have built a reputation as a leading provider of growth capital to the small- and mid-cap sector.

The Lind Partners is an institutional fund manager and leading provider of growth capital to small- and mid-cap companies publicly traded in the US, Canada, Australia and the UK. Lind targets high growth sectors such as technology, biotech, clean-tech, mining and oil & gas. Founded in 2011, Lind has a multi-faceted investment strategy: direct investments of new capital ($1 to $15 million initial investment); participation in syndicated equity placements; and on-market trades. Lind has completed over 70 direct investments for more than $850 million in total value and has an established reputation as a flexible and supportive capital partner to investee companies.

[euclid5] 15/12/2020 18:51

This is a good read about The Lind Partners, asset management firm that manages The Australian Special Opportunities Fund

[apfindley] 15/12/2020 16:14

Exactly. And only 8.4m in issue.

[talk2dubya] 15/12/2020 15:29

Presuming that is accurate that makes only about a million shares with unknown retail ?

[mister md] 15/12/2020 15:24

they are certainly quick with updating their website ;-)

Significant Shareholders
As at 15 December 2020, as far as the Directors are aware, the following shareholders are Company Directors or interested in 3% or more of the issued share capital of the Company.
Name Number of Ordinary Shares % of Issued Share Capital
Dean Lloyd Gallegos 1,630,000 19.40
The Australian Special Opportunity Fund LP 1,000,000 11.90
Optiva Securities Investments 645,000 7.68
Curtis Burton 500,000 5.95
Matthew Lumb 500,000 5.95
William Richards 500,000 5.95
Richard Corsie MBE 450,000 5.35
Peter Wale 340,000 4.05
Simon Holden 340,000 4.05
Jonas and Catherine Chow 300,000 3.57
Kevin Hornsby 300,000 3.57
Helen Leighton 300,000 3.57
Adrian Whitaker 300,000 3.57
Alan Broome 140,000 1.67

[tidy 2] 15/12/2020 14:54

hTTps://www.scramgroup.com

[tidy 2] 15/12/2020 14:53

Scram Group is a leading international online retail company with established websites in USA, Australia, UK, France and Germany. Scram provides customers with access to quality brands and products at competitive prices distributed locally in each specific country.The customer shopping experience is enhanced by the deployment of leading edge technology to ensure personalised and localised product offerings.Scram intends to expand its global offering by introducing a wider range of merchandise to customers through its existing websites. Selective acquisitions will also be considered as part of our future strategy to provide new merchandise to our customers

[tidy 2] 15/12/2020 14:53

Richard Corsie MBEManaging DirectorRichard is the Managing Director of Scram Group having previously been Managing Director of Bioflow a Scram subsiduary for over 10 years. He has over 20 years experience gained from a number of retail and consumer facing brands and was also the CEO of an AIM listed business serving over 3000 customers.Richard has led the expansion of the Scram Group following the recent acquisition of Mutts & Hounds and has ongoing responsibility for the group's day to day operations.

[cl0ckw0rk0range] 15/12/2020 14:51

Richard Corsie MBE

[euclid5] 15/12/2020 14:42

anyone know much background about Richard Corsie MBE ?

[euclid5] 15/12/2020 14:05

so if they need to raise lots more funding they may get an institution buying stake into them or another type of funding. sounds good to me

can by up to 75000 shs so there is liquidity there for the mm's to sell you

[apfindley] 15/12/2020 13:53

Its Main listed. They cant do aim style placings. It will be capped at 20% (?) of issued equity per annum unless taken to resolution at an egm.

[apfindley] 15/12/2020 13:52

Yes and with the small number of shares in issue and the high portion of shares in directors hands or accounted for, there really isn't much free float....it will get very interesting on news, could do a move similar to Jersey oil and others who were squeezed on their lack of share supply.

[justtrying1] 15/12/2020 13:51

They raises 750k last yearThey want to buy a big asset They will place for funding

[tez123] 15/12/2020 13:49

Could see a see a squeeze if buying continues.

[cl0ckw0rk0range] 15/12/2020 13:42

They must know something to be this keen.

[mister md] 15/12/2020 13:42

looks interesting - like the tiny free-float, anticipated transaction by end of year and not on AIM ... have bought a few

[apfindley] 15/12/2020 13:38

Helllllo.Fresh Tr1 and also increase from corsie