Mustang Energy Share Discussion Threads

[aimbagger] 04/1/2021 08:18

Nice way to start the new year, spread tightened significantly. NT to buy and first quote you can get is at a premium of 14.5p! Could see a swift move here.

[aimbagger] 04/1/2021 07:22

Great to see Richard now over 10%. Free float is non existent... now around 87.5% of shares with significant shareholders. This will move very fast on any decent volume.

[richardjohn10] 04/1/2021 07:22

What can he possibly know though??

[mister md] 04/1/2021 07:10

RNS - Corsie holding over 10% now

[aimbagger] 02/1/2021 08:47

Looking forward to seeing what the co. land in 2021! Think an RTO is the most likely outcome with a big increase in companies looking for a clean vehicle to list on the stock market. Mustang is main market listed.https://t.co/MCnfb7Xr3I

[aimbagger] 01/1/2021 21:01

Mustang has been tipped as one of Share Talks 20 stocks to watch in 2021! Might put this little gem on a few more radars:https://t.co/iRxTi1qCdP

[aimbagger] 01/1/2021 10:40

Happy New Year ijd, looking forward to seeing a deal materialise here shortly, remember the company are targeting a transaction with a value of between £2-50M, current Mcap just £1M!

[imjustdandy] 01/1/2021 10:34

Hopefully this wont be a SPAC for too much longer. Happy new year to everyone and here's to Mustang completing an RTO this month.

[aimbagger] 01/1/2021 09:55

Historically, SPACs haven't had the highest returns for investors. In fact, they were once considered a last resort when it came to raising capital.But in the last few years, SPACs have ramped up their game. According to a recent report by McKinsey & Company, there have been three significant changes:Improved track recordIn 2020, more than 90% of SPAC deals closed. That's a notable improvement compared to previous years-before 2015, at least 20% of SPACs liquidated.Bigger in sizeThe average SPAC trust size is 5x larger than it was a decade ago.Well-known participantsSome high-profile investors have jumped on the SPAC-train this year, which has helped generate hype.While some experts are expecting the popularity of the SPAC to continue in 2021, it's still early days. So it's hard to know for certain if SPACs are back for the long-haul.

[aimbagger] 01/1/2021 09:40

https://www.visualcapitalist.com/spacs-are-back-and-bigger-than-ever/Return of the SPAC!

[aimbagger] 31/12/2020 07:40

https://t.co/0NTZ2ALoSoSPAC's getting huge attention at the moment, not many listed in London and none as clean as Mustang.

[aimbagger] 31/12/2020 07:27

As this was raised previously and even though it's a standard clause, I posed the question to a director. The response I got was:"We'll announce anything as required & when appropriate. Safe to say all main shareholders are supportive of the current strategy & therefore any potential wind up is hypothetical only. It's not an uncommon clause to have for SPACs or similar vehicles & is rarely ever implemented"The company will not be wound up!

[imjustdandy] 31/12/2020 05:21

Let's hope the continue to pursue an acquisition. Returning capital on a wind down would only be worth 4p a share.

[imjustdandy] 31/12/2020 04:38

That's 18 months since admission so update imminent on their intentions . Failure to make an AcquisitionIf an Acquisition has not been announced within 18 months of Admission, the Board will recommend to Shareholders that the Company either continue to pursue an Acquisition for a further 12 months from such date or that the Company be wound up (in order to return capital to Shareholders to the extent assets are available). The Board's recommendation will then be put to a Shareholder vote (from which the Directors holding Ordinary Shares will abstain).

[imjustdandy] 31/12/2020 04:21

Will we get the year end reverse takeover news this morning?

[aimbagger] 30/12/2020 14:37

NT at 13.5p, MM's up the creek without a paddle already

[aimbagger] 30/12/2020 14:12

Sure is. Back to 18p for starters would be nice :)

[mister md] 30/12/2020 14:10

volatile share this with such a small free-float

[aimbagger] 30/12/2020 14:07

On the move!

[aimbagger] 30/12/2020 13:54

Buys coming in at 12.28p, now quoted 12.38p, can see this shifting shortly.

[aimbagger] 30/12/2020 10:22

Cheap shares gone, 12.28p quoted for small amounts now

[aimbagger] 29/12/2020 19:37

Thought there was going to be a delayed buy print due to the strengthening of the bid during the day. Good to see.

[mister md] 29/12/2020 18:42

theres the 80,000 buy trade

[mister md] 29/12/2020 12:10

they said deal anticipated by 31 dec - if any delay then shouldn't they put out a trading statement ?

[aimbagger] 29/12/2020 11:48

Despite a few sells today the bid has been increasing, MUST be a background buyer... solid support at this level, oversold and will turn up from here very shortly IMO