Share Name Share Symbol Market Type Share ISIN Share Description
Ascent Resources LSE:AST London Ordinary Share GB00BZ16J374 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.925p 1.90p 1.95p 1.975p 1.925p 1.975p 1,156,114.00 08:06:44
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.6 -4.1 - 29.08

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Trade Time Trade Price Trade Size Trade Value Trade Type
08:06:341.9127,027515.27O
08:05:231.91150,0002,859.75O
08:05:051.92150,0002,872.50O
08:05:041.954,52088.05O
08:04:421.92150,0002,872.50O
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Ascent Resources (AST) Top Chat Posts

DateSubject
22/3/2017
08:20
Ascent Resources Daily Update: Ascent Resources is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker AST. The last closing price for Ascent Resources was 1.93p.
Ascent Resources has a 4 week average price of 2.10p and a 12 week average price of 2.06p.
The 1 year high share price is 8.53p while the 1 year low share price is currently 0p.
There are currently 1,510,784,928 shares in issue and the average daily traded volume is 25,046,845 shares. The market capitalisation of Ascent Resources is £29,082,609.86.
17/3/2017
07:36
adrian noble: The past few days, Colin Hutchinson, harassed CEO of Ascent Resources (AST) has been slated on the bulletin boards over his RNS announcing a shore delay. In investors eyes, yet another excuse to add to the past 10 years of disappointment. As usual, the suppositions and guesswork kick in and we saw accusations stretching to suggestions that Colin's committed fraud and should be sued. When people lose money, the best certainly doesn't come out in them. As it happened, AST can share a small processing plant, they have a small number of customers, PG10 will be connected and they will be selling gas in a few weeks. Not only will there be cash coming in, Colin stated it would be a " meaningful number " leading to a " material figure " in the very near future. Another conversation piece has been the issue of Hendersons and the convertible loans. The chief reason for the share price being held back. But as Colin states, in the dark days they took a big risk by funding the company, at one stage effectively owning 50% of Ascent, investing about £9m. Since AST have been able to progress various deals, carry our flow tests etc, the share price rise has allowed Hendersons to reduce their exposure which, in fairness, is not unreasonable. At this stage, AST are fully funded and have no need to call on the market for cash, Colin is very confident that the permit will be approved and could potentially be landing on his desk at any time and it is only weeks before revenue starts coming in. The next few weeks should see a plethora of share price moving news, from sales, permits and work-overs. AST is looking a multi-bagger from today's levels, a sound investment case, not one of the AIM frauds we see regularly being exposed. Listening to Colin answering investors concerns today, it should be noted he showed caution when replying to certain questions, one answer I liked was on the subject of a take over, his response was to confirm their 'partners' were all working to the same goal. One big company perhaps?
11/3/2017
14:49
dandadandan: The problem here is IMO those CLNs and the holders. In my view that income stream from the INA has been carefully delayed. Why? Because the CLN holders including the BoD need more time to process those millions of shares through the AIM market. Just go and re-listen to those AST past Vox podcasts in 2016. So on the 16th March 2017 around 160 million new shares will be added. Yet another CLN exercise that CH as CEO says he has no prior knowledge? Remember 486m still remain outstanding. They want you the PI to over pay for those extra shares as they are valued at just 1p. So a sell price of around 1.85p for example would give them a nice 85% profit. (The difference between value and price). First we had the Utilico short to cover the last CLN exercise position. What have they hidden for us to find next?... Us PIs are being played out, just like a game of poker, IMO. Even the BoD have helped themselves to 5m shares at 1p in October 2016. Is that why they did not take part in that last placing. Only CH did a token £5k? So as a next step could we watch out for some fake news? How about some talks with a big Gas buyer that may suddenly vanish, or another similar yarn. Do not quote likely income figures that could be used against you. Just remember PIs the H team and firms like Darwin just want your money in their bank account. A company share price is just like 'artificial flavour in a cake' to them. Can you really believe what you see on those daily share price trades? So many past delayed MMs trades. Just re-examine that 27th October 2016 RNS. It all becomes clearer. AST repaid £871,510 to Henderson, then the BoD created a CLN of £1m for New and existing Investors as well as £50,000 for the Directors. The 1p share brigade? Are the BoD just puppets or are they working with Hendersons and others, not being interested in the existing shareholders interests? But they just cannot ignore their fiduciary duty to existing shareholders. If AST will not try to clear these CLNs early and gain better value for shareholders (mostly PIs) then there is a simple 2 part solution. 1. Do not take part in their game. ( Spread bettors have you already placed your sell orders ?) Just sit back and wait until the real income flows. 2. Seek an EGM and instruct the BoD that they should clear their debts early. Once a proven cash flow income starts they will be able to organise a lower interest Bank loan, to pay off the debt . It certainly will be at a lower interest rate than the 85%, mentioned above. They could also consider seeking a new placing, if it is priced correctly, at a lot less than 85% interest on the share price. Some may say that the CLN holders will just exercise their options, if they knew that AST was about to buy back their loans. But another 486m AST shares flooding the market will mean that this share price tanks and they will not even get 1p. AST you have now got the experience with Primary Bid (another Darwin linked company), so you cannot say you were not aware of your added options. You have fiduciary duties to your existing shareholders first and foremost, not to the CLN holders even if they are allegedly friends and family. First Utilico shorting, what next, will we experience? Lets see if the FCA consider that the fiduciary duties of the BoD are now being properly exercised, especially after that last Utilico short and the issue of those past RNSs. Remember PIs you now hold the controlling shares interest. Do not play their game. GLA.
04/2/2017
09:25
dandadandan: 'INSIDE DEALING' ??? Just how much value was wiped off of your AST shares last week when the share price dropped by over 25% last Mon/Tues. We now know why as Utilico Emerging Markets Ltd (LON:UEN) took out a massive short of 8.4% on the 26th JAN, the day before the first announcement of Equity Issues The Company issued on 27/1/17 RNS 3522V saying on the 2nd February 1,184,074,224 ordinary shares will be issued on 2nd February 2107. The Company issued on 31/1/17 RNS 6430V saying on the 6th February 1,349,078,713 ordinary shares will be issued on 6th February 2017. Effectively ‘INSIDER DEALING’. Now just because someone lends you money, it does not mean that they have the right to take money from your bank, without your permission, at a future date. These dealings and shorting actions were planned and premeditated and are dishonest acts IMO. A lack of transparency... It also shows a lack of integrity. Do not forget what I wrote last Monday and Tuesday, now 'DO SOMETHING ABOUT IT’ Write to the AIM Regulator and complain. [email protected]om If many of us do it they will have to take notice and investigate. It is time for the ‘minnow in the pond’ to fight back against cheats…….. GLA. ---------------- DELAYED TRADES – Mon 30th Jan 2017 - DDDs post. Write to the AIM Regulator and ask them to investigate this lot. That is now two 50m delayed reports. If enough of us do it they will check them out. No integrity IMO. [email protected]om This is the e-mail address, if you do not like getting fiddled with. --------------- MMs – Do not READ THIS - Tues 31th Jan.- DDDs Post. A rigged share price??? Do not forget to e-mail the Regulators team and ask them to investigate the reporting of those many AST delayed trades. Two at 50million plus many others. (Where are those TR-1 notifications?). Ask the Regulator to put us all on a 'level playing field'. This IMO shows a lack of integrity and is purposeful misleading inactions. If enough of us do this, the Regulators team must take action. The e-mail address is [email protected]om I have already sent my e-mail. We do not want any rigged share prices. It is a free LONDON market. TAKE ACTION NOW - You have nothing to lose. -------------- Cease the day with POSITIVE action.
01/2/2017
14:07
lithological heterogeneities: (lse bb last night) lg.g3 Over reaction Firstly: Prior to tonights CLN conversion there were 1,184,074,224 shares in issue. The CLN conversion issued 165,004,489 extra shares. That's only 13.9% extra shares. The share price has fallen 23.42% today and 40%-50% since yesterdays high of 3.5p/3.75p. This is an over reaction compared to the 13.9% dilution tonight. Secondly: The CLN conversions,and their maximum dilution, were already well known about by PI's,II's and MM's and has been discussed on this and other BB's for months regularly so the share price ALREADY largely factored in this expected and known about dilution prior to the RNS (including the ones to come).They are known about by the market for months/years before being issued. The CLNs are nothing like a Placing in which extra shares come out of the blue with no warning and drop the share price like a stone to the Placing price. This has been treated like a Placing,which it is not,and has been well overdone imho. I suspect the MM's,knowing that AST will be a gas producer in 6-8 weeks time, took this opportunity to set off more stop losses,(normally at round numbers,well-known support levels,Fibonacci,resistance levels etc) to collect shares to sell on into the inevitable rise in the coming weeks prior to gas production. Further to this, this morning the Fibonacci retracement Levels were: 23.6% : 2.67p 38.2% : 2.42p 50.0% : 2.11P So the share price should,imho, bounce back tomorrow due to the over reaction and achieving the maximum 50% Fibonacci retracement level it closed at tonight at 2.1p. Should be a good day tomorrow imho.
31/1/2017
18:49
lithological heterogeneities: lg.g3 Over reaction Firstly: Prior to tonights CLN conversion there were 1,184,074,224 shares in issue. The CLN conversion issued 165,004,489 extra shares. That's only 13.9% extra shares. The share price has fallen 23.42% today and 40%-50% since yesterdays high of 3.5p/3.75p. This is an over reaction compared to the 13.9% dilution tonight. Secondly: The CLN conversions,and their maximum dilution, were already well known about by PI's,II's and MM's and has been discussed on this and other BB's for months regularly so the share price ALREADY largely factored in this expected and known about dilution prior to the RNS (including the ones to come).They are known about by the market for months/years before being issued. The CLNs are nothing like a Placing in which extra shares come out of the blue with no warning and drop the share price like a stone to the Placing price. This has been treated like a Placing,which it is not,and has been well overdone imho. I suspect the MM's,knowing that AST will be a gas producer in 6-8 weeks time, took this opportunity to set off more stop losses,(normally at round numbers,well-known support levels,Fibonacci,resistance levels etc) to collect shares to sell on into the inevitable rise in the coming weeks prior to gas production. Further to this, this morning the Fibonacci retracement Levels were: 23.6% : 2.67p 38.2% : 2.42p 50.0% : 2.11P So the share price should,imho, bounce back tomorrow due to the over reaction and achieving the maximum 50% Fibonacci retracement level it closed at tonight at 2.1p. Should be a good day tomorrow imho.
31/1/2017
16:21
bjorn ironside: LSE:AST OKSearch Ascent Resources Share News (AST) 4 Share Name Share Symbol Market Type Share ISIN Share Description Ascent Resources LSE:AST London Ordinary Share GB00BZ16J374 ORD 0.2P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade -0.35p -12.61% 2.425p 2.40p 2.45p 2.75p 2.375p 2.675p 153,276,417.00 16:01:52 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Oil & Gas Producers 0.0 -3.6 -4.1 - 26.29 Print Alert Ascent Resources PLC Issue of Equity 31/01/2017 4:17pm UK Regulatory (RNS & others) Ascent Resources (LSE:AST) Intraday Stock Chart Today : Tuesday 31 January 2017 Click Here for more Ascent Resources Charts. TIDMAST RNS Number : 6430V Ascent Resources PLC 31 January 2017 Ascent Resources plc ("Ascent" or the "Company") Issue of Equity Ascent Resources plc, the AIM quoted European oil and gas exploration and production company, has received a notice of exercise ("the Notice") to convert 1,535,039 convertible loan notes of GBP1 each; - 275,780 of which were issued in May 2013 as part of an open offer to all shareholders (the "2013 Loan Notes") and the terms of which were amended in February 2015 and October 2016. The 2013 Loan Notes, including rolled up interest, are convertible into new Ordinary Shares at a rate of 100 new Ordinary Shares per GBP1 loan note. - 1,259,259 of which were issued to Henderson Global Investors in February 2014 (the "2014 Loan Notes") and the terms of which were amended in February 2015 and October 2016. The 2014 Loan Notes, including rolled up interest, are convertible into new Ordinary Shares at a rate of 100 new Ordinary Shares per GBP1 loan note. Consequently, a total of 165,004,489 new Ordinary Shares ("the Conversion Shares") will be issued pursuant to the Notice, following which GBP6,498,288 nominal convertible loan notes (including rolled-up interest) remain outstanding. This figure includes the 2016 Loan Notes pursuant to the Placing announced on 27 October 2016 on which there are GBP50,000 outstanding. Admission and Settlement Application has been made for the admission to trading on AIM of the Conversion Shares ("Admission"). Admission is expected to occur on 6 February 2017. Following Admission, Ascent will have 1,349,078,713 Ordinary Shares in issue. There are no shares held in treasury. The total voting rights in the Company is therefore 1,349,078,713 and Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules. Enquiries:
23/1/2017
16:56
lithological heterogeneities: CI, Stockdale estimated a NAV of €200m and "Stockdale has deliberately used a conservative pricing model" to calculate this €200m. How much more could it really be worth if this was conservative based on the original figs. How much more could it be worth if we get better than expected flow rates shortly. But,as we know, BMD has already said there may be a buy-out/take-over being planned in the background for whats potentially UNDERNEATH the current conservative €200m find! 05 Jan 17 HTtp://guerillainvesting.co.uk/2017/01/05/ascent-resources-potential-2017-mega-rise-watchlist-now/ "but what most do not know is that Ascent were or are being lined up as a target by a well known group of proven oil & gas Big Hitters with massive institutional and retail backing for what in effect could be transformational for the Company and its share-price." "THEY BELIEVE NOW THAT THERE COULD BE MULTIPLE TCF POTENTIAL DEEPER DOWN WITHIN THE PETISOVCI RESERVOIRS" We need to remember what the SOU CEO has repeatedly daid how much each 1 TCF is worth to the SOU share price to understand the staggering potential for AST should this be true: "He (SOU CEO) says that the rough rule of thumb is that every 1 trillion cubic feet (tcf) of gas that Sound finds at Tendrara this will add around £1 per share." Maybe that might help to explain the one broker forecast of 33p/share at the FT website here: "The one analyst offering a 12 month price target expects Ascent Resources Plc share price to rise to 33.00 in the next year from the last price of 1.60." HTtps://markets.ft.com/data/equities/tearsheet/forecasts?s=AST:LSE "0.0498123p per share" MY ASS.
18/1/2017
22:10
temmujin: ASCENT RESOURCES. POTENTIAL 2017 MEGA RISE! WATCHLIST NOW! BY BROKERMANDANIEL · 5 JANUARY, 2017 It’s a long convoluted process trying to get credible information on target companies such as Ascent Resources (LON: AST). The process involves a myriad of avenues one has to go down, some lead you into a ‘cul-de-sac217; while others leave you tantalisingly close but just not quite there to firm up the whispers. Then you’ve always got to cross-reference and double, ‘double’ check that you’re not being spoon-fed company ramps. Which is why you don’t get industrial scale blogs from ‘yours truly’. Anyone releasing industrial scale diatribes on a daily basis should be treated cautiously. More often than not there’s some form of clandestine ‘Brown Envelope’ involved between the parties. News on Ascent has been filtering through to me via various contacts/sources for the last 3 months or so. News that if it comes to fruition would be transformational for the Company. Most investors/traders are eagerly awaiting their Slovenia gas asset coming onto production, agreements necessary to allow commercial gas production to commence as early as January 2017 are now in place. Once production starts then this is seen by most as a driver of their sp, but what most do not know is that Ascent were or are being lined up as a target by a well known group of proven oil & gas Big Hitters with massive institutional and retail backing for what in effect could be transformational for the Company and its share-price. That is why I am invested in Ascent. There are various names associated with this play, I’ve spoken to many sources some who I know are involved all are very edgy as to how I came to get knowledge of such a deal that was/is supposed to be kept ‘Tight’. Out of deference to those thought to be rumoured to be associated and involved in what I call the ‘Putsch’ I will not at this stage name them as I believe that the deal, if my sources are correct, hangs in the balance and has a 50/50 chance of realisation. The sticking point could be the amount of convertible loan notes that are currently outstanding. What’s interesting is that sources are telling me that the Slovenia assets were looked at prior to Ascent getting them, by the CEO of a now highly successful mid cap oil & gas producer who at the time 2008/9 wasn’t in a position to acquire them. They believe now that there could be multiple TCF potential deeper down within the Petisovci reservoirs, which is why the failed Cadogan Petroleum (LON: CAD) takeover approach came to be, that approach eventually blew up due to the AST share price rocketing to over 7p. There’s lots of speculation on the share price potential out there. One broker (who must be a part time glue sniffer) has a 33p target for this year. Cutting through such utter nonsense I’d look at 5/6p being achievable on gas production and 10p if the ‘Putsch’ is successful. Remember as ever it’s your money and your responsibility. Derisk on the way up. Because it is going up in 2017. Viva
11/1/2017
19:56
lithological heterogeneities: FT HTtps://markets.ft.com/data/equities/tearsheet/forecasts?s=AST:LSE AST Share price forecast "The one analyst offering a 12 month price target expects Ascent Resources Plc share price to rise to 33.00 in the next year from the last price of 1.60." Although we private investors,and Brokermandan above, have previously dismissed the 33p broker target as absurd, could it be possible he was aware of the "multiple TCF potential deeper down within the Petisovci reservoirs" ? Interesting times ahead for AST.
06/10/2015
16:51
kulvinder: Harrissen, this news does not seem to have had a effect on the AST share price?
Ascent Resources share price data is direct from the London Stock Exchange
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