||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Ascent Resources Share Discussion Threads
Showing 35726 to 35749 of 35750 messages
|*100m loan note|
|when this share was shorted the other day and plunged to 2p did anyone else find it impossible to log into their spread bet account...so very strange that day|
|AST chart looks nicely poised. Any kind of buying volume will see it start to move quickly IMHO. If there is news behind it, then it will start to gallup|
|What about TRIN nash? Massively undervalued against its peers, based on the amounts of oil it is producing. A proper turnaround story that the market has yet to fully value since return from suspension.|
|FOR OILIES, i like AST, ZEN and SRON
WITH news coming soon and potential takeover, AST will have huge potential to be multibagger from here. this was 6p not so long ago, and with revenue stream will be coming in, this is go up massively.
still in ZEN and SRON too, and each of them is unique and have their own advantages. I can see SRON to perform similar to SOU especially as SRON already have producing licence while SOU not yet, and in italy, producing licence will take long time.
though saying that, was hoping AST to go lower for me to top up , but maybe it wont now.
will top up more next week as i can see this is ripe to move even higher even without news//|
|Compare AST to Saffron Energy.
A good read on LSE from RedOrb. Check it out.
The bit I liked most that just keeps it simple
Saffron Energy (SRON): 153,720,000 shares in issue, 7.38 p/share, Mcap of £11.3M.
AST: 1,510,784,928 shares in issue, 2.30 p/share, Mcap of £34.7M. ( Do not forget those CLNs though)
Ascent have (based on some reasonable assumptions) 50 times more gas and even upon only initial production are expecting to get flows some 20 times greater than Saffron’s.
Yet AST only have 3 times the market cap.
Get that IPPC sorted and this is going to go into Orbit, IMO.
Initial tweet rumours from Slovenia suggest, that the Minister may act early next week.
|Perhaps naked short was the wrong term. The shares don't exist when sold ( = naked shorting), but will 8 days later. Maybe uncovered forward selling.|
|2.28 trades are buys|
|Yesterday proved premature for the 2.4 call, but think we might see it in final half hour today|
|Thanks. But I was referring specifically to naked shorting.
Meanwhile, feels like an overhang is clearing here.|
Short selling/forward selling is a normal part of market activity.
A market maker assisting a client sell 100,000,000 shares into the market in an orderly way, when they know that the client will receive delivery of the new shares in 8 days time would I think be covered by:
".......Market makers and authorised primary dealers can use exemptions from certain requirements of the Short Selling Regulation (SSR).
There are certain exemptions for market-making activities and primary market operations, under the SSR.
This means certain firms do not have to disclose net short positions – both private and public.
These firms can also reduce the restrictions on entering into uncovered short positions in shares, sovereign debt and sovereign credit default swaps. ........"|
|Shorting is allowed for the corrupt. It allows it should be outlawed but this is how banks operate give a man a gun he can Rob a bank. Give a man a bank he can Rob the world....|
|Is the practice you describe above not illegal?|
|That short position has been tidied up finally, by UEM submitting the closing record (which they should have sent by 06-02-2017).
Looks like UEM bought the £1 million CLNs when they were issued in 2016.
Locked in profit by naked short selling at 3p ish 26-01-2017 via a MM.
AS the 100 million 2016 CLN conversion shares were admitted on 02-02-2017, they were then promptly transferred to the MM to close the short on 03-02-2017.
"Utilico Emerging Markets limited 0.00% 2017-02-03 "|
|Tried selling 1000000 no price was given
Tried buying 1000000 2.295 was given|
|Small Conversion !|
|All buys @ 2.26.|
|Come On 2.4p !|
|I think so 2.4 close|
|maybe not today|
|2.4p Imminent !|
|yes, the share price is moving up.
overhang cleared is all i suspect|
|Something's going on.|
|Summit's Up !|