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This could easily multi X3 from here.
Check float= ZERO FLOAT
DYOR - £1 with announcment
https://twitter.com/Mustang_Plc/status/1373236964409888769?s=19
Sliced FAR and added into MUST.
Strategy working. One is ahead of another...
Mine - Just added chaps:)
About to bounce from low of the day.
Ooh .. still holding here .. patience is key
Trev,
I think some traders got impatient and sold out, nothing more. Gl to them.
Maybe they saw other opportunities. That is traders mentality.
Mm’S lowered bid for sellers.
No point selling if you’ve paid up fully.
Not buying on leverage.
Hold, sit and wait ....
1.671m new shares with Acacia listing today? Could account for some weakness.
Patience ...
When it does move it accelerate and motor..
No float, plenty of buyers.
Held by MM’s today..
31p ....MM’s will get bored soon :)))
Are we moving???
Yes, Considering the float is so small
Started building a position, like the risk reward and investment space. SOI and MC tiny so any move will be magnified big time.
Wouldn’t even think of selling any of my shares at this stage
GLA
Reminder ...
Mustang Energy PLC
Strategic Investment in the Company, Grant of Options
and Off-Market Purchase of Shares
Mustang Energy PLC (the "Company") (LSE: MUST), the special purpose acquisition company, announces that it has today issued 1,671,600 new Ordinary Shares in the capital of the Company (the "Placing Shares") at a price per share of 10 pence raising gross proceeds of GBP167,160 (the "Placing"). The Placing proceeds will be used to provide additional working capital for the Company and to allow it to have sufficient cash resources to undertake due diligence on future potential acquisitions.
The subscriber of the Placing Shares is Acacia Resources Limited ("Acacia"). Acacia was established in 2012 with a current focus on minerals involved in the energy transition process.
The principal purposes of the Placing and the Strategic Investment will be for the Company and Acacia:
- To invest together in manufacturing assets involved in the energy transition process with a relative focus on the energy storage/battery value chain; and
- To invest in the development of renewable energy projects where there is scope to include stationary energy storage.
Following the Placing, the Placing Shares represent approximately 16.25 per cent. of the enlarged share capital of the Company. The Placing Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company including all rights to dividends and other distributions declared, made or paid following completion of the Placing and will be issued as fully paid. Application will be made for the Placing Shares to be admitted to the Standard Segment of the Financial Conduct Authority and to the London Stock Exchange's main market for listed securities ("Admission"). Admission is expected to take place on or around 19 March 2021.
Trying to get some more of them but haven't managed so yet. Are shares taken of the market, or what?
Decent board this, while it’s quiet.
MM’s holding this as few shares left on the market. The next RNS is now due.
All shares held tightly and No float left. I expect huge spikes on next rns.
As ya say FTH, Patience will pay off.
£1 will be achieved on this tiddler.
Expecting this will do a B90. at some point..
PATIENCE pays....
Largest shareholder Richard Corsie demonstrating how big this could be with a look at invinity:
https://twitter.com/corsierichard/status/1371921647528185858?s=21
Fledgling MUST. Will pay off handsomely in the short and medium term, if investors hold out for the big rise. I.e once we break 50p mark.
-Quick check on market cap for this battery, value chain, future many]ugacturer tonight is £3m = 29p
Exciting hold.
It definitely deserves a rerate and I do expect one in the coming months, with the Eskom tenders, vanadium prices on the rise and the possibility of Enerox going public. It's way undervalued compared to Largo and Far.
Could it not simply be that BMN is just way too low?
SP at FAR is completely insane. 100 million mcap, that's half BMN's. Enjoy the party while it lasts, though.
FAR has still a long way to go, though the SP might tell another story. FAR producing less than 300t V205 where BMN will produce 4000t and has expansion financed.
AIM BAG,
Something special will happen here with so many tight holders of the stock.
And not selling.
I bought into FAR yesterday and that will a huge vanadium battery company - Khazakstan
This is next.