Flying M Bonnet Mascot

Well researched, Lang.

In the 1950s Wolseley’s badge was identical, but the W is upside down.

Langs picture of Matchless badges shows more splayed "legs."
Wolseley badges were very close, apart from the "M" being a "W" but not exact.

OK, I accept that it is not Moggie.

I thought that Matchless was the best match also, stylistically, but doubt a mascot like this would have graced any motorcycle.
I have researched this mascot as far and for as long as I care to, lots of dead ends and close ones but no cigar......
On the internet I found a couple of excellent resources for all known car makes and names and went through the lot, and I also have a well-presented book called "The Illustrated Encyclopedia of Automobiles" from the seventies that didn't help my search.
There may be a possibility that the mascot was an aftermarket piece aimed at the car enthusiast that wanted something different on their car.  I just thought it was too well made to be low production.

Anyhow, the search continues.  Feel free to chime in with any other thoughts

Cheers.

There was a time in Australia when most suburbs had a factory and a foundry, and every other boy left school into a fitting and turning apprenticeship. ah those were the days... Anyways I still reckon this was a lunch time job, for idle but keen hands, more likely brazed fabrication than cast. This doesn't diminish it's value at all - try getting another made. Could even be a prototype for BMC that was rejected for production.
Digressing a bit; The most prolific versions of radiator cap copies was the "feathers of the cap' (Red Indian head dress) used by Guy - have seen countless copies for paper weights as well replacements for those that were nicked to make the copies. Also the Vulcan blacksmith was another, but much more complicated one to make a copy of. The real ones had the thread cut into the casting and not bolted to a cap.

I just keep coming back to a mid fifties BMC era ornament. Looking at the Austin badge the wings look identical.