Mustang Energy Share Discussion Threads

[mister md] 19/12/2020 14:21

av approx 15p I think. Just a punt on a potential multi-bagger ;-)

[richardjohn10] 19/12/2020 13:45

What's your av Mister? Any predictions? Seems under the radar

[mister md] 19/12/2020 13:42

well, looking at the major shareholders list updated on 17th Dec they total 89% of shares in issue (this compares to 82% on the 15th Dec) after the holdings increase RNSs

Shareprice pulled back a bit last couple of days, I added a few at 13.5p - despite the drop I could get a quote to sell my entire holding but to buy anything more than 100 shares had to do a 'fill or kill' and wait for the order to complete.

Lets see what happens by year end

[richardjohn10] 17/12/2020 16:49

These TR1s just taking a punt? They can't know who the acquisition might be?

[apfindley] 17/12/2020 16:15

Another 5% traded today.

[mister md] 17/12/2020 13:09

indeed odd that all the recent holdings RNS statements (including another one today) are increases in holdings, so there should be one forthcoming regarding a seller too ?

[euclid5] 16/12/2020 21:20

how do others read that 400,000 trade - being a worked order earlier yesterday, could of been a buy as bid was 14.5p - but we shall see as that amount equates to something like 4.7% of the shares - so we may see a TR1 reduction or a increase

[apfindley] 16/12/2020 15:10

The rns and other correspondence indicates they're wanting to sign a deal, and the clean shell is an attractive entry to the London Market, so hopefully the wait may soon be over.Does corsie know anything, I wouldnt like to speculate but as his holding increases it has now surely gone beyond a punt with throwaway loose change.

[puzzler2] 16/12/2020 14:25

It would be good to know why Richard Corsie has taken a reasonably large stake in this? Perhaps 7.73% of a cash rich, moderately priced SPAC is what he regards as a punt?

[apfindley] 16/12/2020 13:16

Corsie again.Takeover? Lol. Only kidding

[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