Member Info for Share-Trader

Strong start.

234 trades

2.62m bought vs 589k sold

£60.9k buy value vs £13.4k sell value

That’s over 4x more buying than selling — clear early accumulation.

With market size at just 50k, sustained demand like this can tighten supply quickly. If this momentum continues, reaching 10p becomes a matter of time.

Opportunities at these compressed levels don’t always come twice.

Very encouraging flow.

Strong buying showing today.

625 trades

12.2m shares bought vs 4.6m sold

£273k buy value vs £103k sell value

That’s nearly 3x more buying than selling — clear accumulation at these levels.

Market size only 50k, so once supply tightens this can move quickly. When demand outweighs supply like this, price pressure usually follows.

Looks like smart money positioning after the RNS.

Momentum building.

Excellent RNS — real progress and real execution.

Third FlexGen moving toward financial close, capex co-funded to limit dilution, construction prep underway, and Q4 2026 production targeted. Add the near-complete 7MW brownfield site and growing pipeline — this is scaling in action.

Pyebridge already delivering strong revenue per MW, giving a clear benchmark for future sites.

The market has priced in pessimism — but delivery is advancing. From these levels, momentum can shift quickly.

AS progress continues a sharp re-rate is very possible. 10p in the short term is achievable — and 20p - 50p isn’t unrealistic as the portfolio builds out.

Confident and encouraged.

Pete

Out of genuine interest — do you currently hold a position here, have you previously invested, or are you observing from the sidelines?

You clearly follow MAST very closely and post frequently, so it would be helpful to understand your actual interest.

Are you holding, trading, or short on the stock?

Just asking for clarity.

Pete

A 99% drop shows sentiment collapse — not proof of a “rat.” Small caps overshoot both ways.

At these levels most of the damage is already priced in, and we’re seeing strong volume with buyers stepping in.

You see stink. I see capitulation and a potential base forming.

Time will decide.

Pete

If there was a “rat”, we’d see heavy dumping and collapsing volume. Instead we’ve got nearly 3.5m buys vs 2m sells — close to double the sell side and strong liquidity.

That looks like accumulation, not a background dump

Pete

You’ve been around long enough to know that L2 doesn’t always show the full picture. “Buys” and “sells” reported are based on mid-price direction — not insider knowledge of a mysterious background dump.

If there was a massive overhang smashing the book, we’d see relentless size on the offer and widening spreads. What we’re actually seeing is millions of shares changing hands with strong net buying. That’s liquidity being absorbed, not panic collapse.

Price dipping during heavy volume often means stock is being transferred from impatient holders to stronger hands. That’s how bases form.

Calling everyone lemmings every time there’s activity doesn’t change the numbers. The tape shows demand.

Let’s see how it plays out — markets tend to reward accumulation, not fear.

Don’t miss this opportunity — it may not come again at these prices.

I’ve added more today — happy to top up at these levels while sentiment is low and accumulation is clear

Buys getting even stronger

3.14m bought vs 1.94m sold – that’s over 1.2 million more shares accumulated and nearly £25k net buying.

356 trades showing solid activity, and buyers clearly outweighing sellers. Weak hands are being cleared while accumulation continues.

Momentum builds quietly before it moves.

Still looks like a buying opportunity to me, not a sell signal.

Pete, markets don’t move in straight lines and nobody calls exact bottoms consistently — not you, not me, not anyone. A 60% drop in a micro-cap during heavy negative sentiment isn’t proof of fundamentals failing, it’s proof of volatility.

You’re “confident” about 1p — that’s just as much a prediction as any 5p call was. The difference is I focus on assets, operations and catalysts, not dramatic price targets.

Could it touch 1p? In a thinly traded stock anything is possible short term. Does that mean it’s fair value? Not necessarily.

Calling every dip a collapse doesn’t make it Enron, and mocking others doesn’t strengthen your thesis. The market will decide based on delivery — not forum theatrics.

Every drop gets the same “1p coming” call. Eventually sellers run out and the bounce comes just as fast.

At this level the downside is limited, but upside is multiples.

Fear is loudest at the bottom — not the top.

Pete, the constant Enron comparison is getting a bit tired now.

MAST isn’t hiding debt in off-balance sheet vehicles or fabricating revenues — it’s a small cap in a heavy investment phase with structured financing, like many energy projects. Yes margins and funding structures exist, that’s normal for asset-backed power generation.

What matters is operational delivery and growth in capacity. If output and assets continue to build, the market will re-rate regardless of current pessimism. Extreme negativity at lows has historically marked bottoms, not endings.

£1m mcap for a live, revenue-producing energy company with expansion underway is simply unrealistic.

At these prices it looks more like a clear accumulation zone than a sell zone.

Likely just low volume and MMs nudging it — small caps swing easily at these levels.

No new fundamentals this morning, so looks like normal volatility rather than anything structural.

For me, dips like this are buying opportunities

Pete

You say sentiment doesn’t come into it — but in small caps, valuation is always a combination of numbers, forward expectations and market confidence.

On insolvency — that’s a serious claim. The company continues to operate, raise capital and progress assets. Distressed balance sheets and insolvency are not the same thing. Growth-stage infrastructure plays often run leveraged during build-out phases — that’s not unusual.

On Pyebridge — yes, output increases when additional gens operate. That’s how capacity scaling works. The key point is operational ramp-up. Infrastructure projects don’t start at peak revenue; they scale into it.

A 10% annualised return at partial ramp, during build phase, does not define long-term project economics — especially in flexible generation where pricing can fluctuate materially based on demand spikes and balancing markets.

You’re presenting a static snapshot as if it’s the final state. I’m looking at trajectory.

As for dilution — funding risk exists in all expanding infrastructure plays. The question is whether additional capital unlocks proportionally higher asset value. If it does, dilution becomes part of growth, not destruction.

And broker coverage? Many sub-£20m caps don’t have it. That’s not proof of failure — it’s proof of size.

The market has already priced in extreme caution. That’s visible in the share price. From here, the upside comes if operational progress proves more resilient than the market assumes.

Momentum shifts when sentiment is at its worst — and we’re definitely there now.

With operational progress coming through and valuation compressed, it won’t take much to spark a rerate.

Pete,

I have looked closely — and I’m not basing my view on hype or headlines alone.

You’re right about one thing: history matters. A lot of AIM/LSE small caps over-promise. That’s exactly why the share is where it is today. But “look at the whole history” isn’t an investment case on its own — the market has already punished the past.

What matters now is whether execution and cash generation are improving from here.

The company has put out RNS on generation/revenue progress and project development milestones. You can argue about quality, sustainability, margins, funding structure — fair debate — but dismissing everything as “CEO says records” doesn’t change the fact the market is pricing this as if nothing will work.

At ~2p the question isn’t “was the past perfect?” (it wasn’t). The question is “is the current valuation overly discounting any chance of delivery?”

I think it is. You think it isn’t. That’s fine.

Let’s keep it to facts and see where the next quarters take us.

Chipsta,

Chipsta,

Fair point — it’s not a speculative gold explorer waiting on a drill result.

But that’s exactly why 2p being “all it’s worth” doesn’t fully stack up for me. This is an operational power business with generation assets, revenues being reported, and projects progressing. It’s not binary exploration risk — it’s execution and scaling.

Cando,

I like the confidence.

Right now the market cap is pricing in failure, dilution and zero execution. Yet the RNS flow shows record generation, revenue progression and projects moving forward. That disconnect is exactly why some of us see this as oversold.

Whether it’s 5p, 10p or somewhere in between, the key point is sentiment is at an extreme low while operational progress is improving. That’s usually where reversals start.

Let’s see how it plays out