Ascent Resources Share Discussion Threads

[chinese investor] 24/10/2017 14:41

2 degrees at night in Croatia at the weekend !

[oilisgold] 24/10/2017 14:39

I don't expect major gains to be made on RNS day. Its the days and weeks following the RNS the market will rerate the share. Soo many traders that have been spiked will want out. Sad state of affairs as many haven't got a clue about the fundamentals of the company. AST has always been a leaky ship, so expect few good 10% days before news. sticking to 3p on open and 2.5p after the sellers are out on the same day. Rerate over the course of days/weeks after RNS. IPPC permit should be with us soon too.

[boobly] 24/10/2017 14:03

What a pity we are stuck at around a miserable 2p in the period just before we get the green light .

[chinese investor] 24/10/2017 13:54

Good post oil.

[oilisgold] 24/10/2017 13:45

I bought in on Friday after a tip from someone few weeks back. Had a detail look into this share and it appears on the verge of a break out. 2.39p plus to get to 3.4p as a first target, down side limited to 1.71p.
Colin had a meeting last week with INA as he and few members of his board of directors were in Croatia and hence the RNS on Friday. I have worked in the oil and Gas sector for over 30 years and I do believe it’s just a signature now required. Normally takes 10 working days for the final signature. What AST have is unique, 300k per month is the lower end of expected revenue and Croatia is desperate for Gas as approximately 47% shortfall. Winter season starting, so this deal will be done any day now. Normally the Ministry of oil and Gas head signs his documents on every Thursday, so it’s either this week or next week.
Debt free apart from 50k left, LO almost out and expected revenue of 300k per month. No brainer. How the market will react, the share price is currently not priced in, so you would expect a share price of 3p on opening and then gapping up as weeks progress. Unfortunately LSE bb has become full of parasites and apart from fdew knowledgeable posters the rest haven’t got a clue and are traders that have been spiked.

[brando69] 24/10/2017 10:18

this is showing all the signs of gearing up for a push north.

nice to see our resident turbo-whinger moderated. i'm sure a lot of people will be relieved not to be seeing his daily moans

[shanig] 24/10/2017 08:52

Lh you are being a prat on this board and the 88E board, for goodness sake grow up.

[mostro] 23/10/2017 19:56

Consolidation is not always a bad thing in these AIM stocks, provided it comes with a stack of good news!
Got in after selling all my GGP and half the VAST.
GGP feeling a bit stretched and VAST always retraces after big (100%)+ gains!!!

Game on...

[brando69] 23/10/2017 19:35

consolidation

[brando69] 23/10/2017 17:00

15% to be had here short term for the short of patience. much more for those willing to ride it out.

[handykart] 23/10/2017 16:24

Probably will Mostro, unless it gets ramped on twitter like GGP.

[mostro] 23/10/2017 15:10

New on AST but been watching for few months.
Think I will sell some GGP after good gains and get in here!

Probably tank knowing my luck!!!

[lithological heterogeneities] 23/10/2017 12:33

Don't worry,we can expect news "shortly"

[brando69] 23/10/2017 12:29

i'm starting to feel blue, and it's not because i've been reading too many of LH's posts

[brando69] 23/10/2017 09:31

don't worry LH, when VAST hits 1p I'll be selling half my stake there and topping up here.

[lithological heterogeneities] 23/10/2017 09:19

Nothing yet again.Down yet again.

[lithological heterogeneities] 22/10/2017 16:26

still nothing;0)