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MUST Mustang Energy Plc

30.60
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mustang Energy Plc LSE:MUST London Ordinary Share GB00BJ9MHH56 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 30.60 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs -559k -0.0460 -6.65 3.72M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 30.60 GBX

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Date Time Title Posts
13/4/202417:25Mustang Energy MUST - SPAC/Shell Main Market listed1,103

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Posted at 24/4/2024 09:20 by Mustang Energy Daily Update
Mustang Energy Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker MUST. The last closing price for Mustang Energy was 30.60p.
Mustang Energy currently has 12,161,966 shares in issue. The market capitalisation of Mustang Energy is £3,721,562.
Mustang Energy has a price to earnings ratio (PE ratio) of -6.65.
This morning MUST shares opened at -
Posted at 12/4/2024 07:47 by begorrah88
The deadline is 5pm on the 12th so might not be until after the market closes but we know MUST are no respectors of rules as the constant failures to update on missed deadlines with BMN showed us.
Posted at 08/4/2024 11:50 by begorrah88
Raising funds to meet the terms and yet MUST haven't even made a formal offer yet? Or has Gallegos forgotten to inform the market?
Posted at 08/4/2024 11:48 by begorrah88
So 6p admission price if DG ever gets around to getting this moving forward.Today's update could just as well be ensuring his income continues for the foreseeable future whilst he announces the next set of delays.'3 investors' divvying up £200k, which based on the RTO numbers, represents 20% of MUST total value!
Posted at 15/3/2024 09:28 by begorrah88
To save everybody time why don't they just cut to 11th April - Gallegos announces change of terms to 2 MUST shares per Cykel.12th April further extension announced while Cykel consider terms but Gallegos has rooked another £10k out of it.Then Cykel walk away having wasted 4/5 months of their time but found other suitors & Gallegos announces looking at other opportunities for MUST.
Posted at 28/2/2024 07:04 by begorrah88
From Cykel's results RNS today

On 19 January 2024 the Company announced the suspension of our Aquis listing and that we had entered into non-binding heads of terms with Mustang Energy plc ("Mustang") for Mustang to acquire the entire share capital of the Company. This transaction, commonly referred to as a Reverse Takeover, will allow Cykel's shareholders to benefit from a listing on the Main Market of the London Stock Exchange.

See hxxps://www.cykel.ai/proposed-all-share-acquisition-of-cykel-ai-plc-by-mustang-energy-plc for more information on the transaction


so, all seems to be on course
Posted at 16/2/2024 09:47 by begorrah88
I'm sure Bixby is a smart cookie.He might be puzzled that DG has put a date into the public domain & once again, either misjudged how long it takes the FCA to review a potential prospectus, or has made errors in its' submission resulting in delays.He might be using DG/Must as useful idiots to get a better approach from another party or to get a better deal from MUST.It is notable that the 'takeover announcement' can be extended again next time but only if Cykel want to.
Posted at 06/2/2024 08:12 by megaman2
Part of the RTO will very likely include a cash raise which is par for the course . FCA approval plus prospectus then all the cykel shares reverse into must then must re-lists probably take on cykel name change.
Posted at 19/1/2024 08:27 by begorrah88
Well that is out of left field!Not quite the energy focussed play MUST are supposedly looking at.At least it is an interest & there is some excitement around the AI sector that MUST might be able to capitalise on.The Cykel guy seems quite switched on (if only in setting up businesses & selling them on).Absolutely no idea of any value of a MUST share if it ever does get to list but better outcome is now possible from what I expected.https://www.proactiveinvestors.co.uk/LON:CYK/Cykel-AI-PLC
Posted at 06/11/2023 07:12 by begorrah88
No hanging around at Pineapple

Days after pulling out of their previous plan they are straight on the case with a new one.

Not like the shambling chancers at Must who continue to hide and will not update the market until every single other party has told them they are not part of any deal and announced it to their own shareholders [we may never hear as Garnett don't have to tell any markets and the FCA say MUST are not governed by them, MUST own website says they do not have to comply other than voluntary adoption of 'guidelines' so there will be no pressure on them from anywhere]


Shame on you MUST
Posted at 27/5/2022 08:32 by megaman2
Thnx for news unfortunately kibo energy is not really a big player that one would hang your hat on delivering big results .it's basically a new venture for them at the lower value end of the market. If they deliver great but bushveld energy has been claiming 200 MWh by 2020 and has been promising to deliver Installations In the near future since 2017 and has so far delivered zero. We don't know if that's their incompetence or just lack of market for vfrbs in the west . Neither cellcube or invinty seem to be delivering the volume of contracts forecast and consequentially the invinty share price is at an all time low from flotation mkt cap £75 mill and that's after a recent big fund raise . Talk is as talk until contracts start rolling in. A market cap of £75 mil for cellcube puts must share price at about 22 per share by my reckoning I'm open to being disagreed with there . Be delighted if it re-lists at 200 million market cap like invinity floated at but maybe that's now a fantasy .
Mustang Energy share price data is direct from the London Stock Exchange

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