Quantum Data Energy (QDE, MAST.L) has been ‘set free’ to execute its operational plan by the warrants raise mechanism, raising net cash equating to >3x MCAP at the time and fixing the balance sheet. The warrants structures are positive for both new shareholders and historical shareholders. MAST.L is targeting 1GW of new flexible generation by 2030. Our current value range GBp 51-54 is based only on 150MW and our expected dilution of 223m shares. MAST shares in issue are 138,760,735, see RNS date ....
