Ascent Resources Share Discussion Threads

[burtond1] 14/8/2020 14:53

With Brent Crude ticking up, is it time to find a bargain in the sector?We caught up with independent oil analyst Malcolm Graham-Wood to talk more about the latest developments in the oil environment but more so to look through a number of opportunities that may exist in the market with Brent Crude ticking up to $45 as fuel demand picks up...https://twitter.com/tmsreach/status/1294268981231181825?s=21

[brookemia] 13/8/2020 08:48

PINOCCHIO🤥 Parsons...and others🤔

👨‍b78;️👮‍♂ᥧ9;👏🥊🔜

[helpfull] 12/8/2020 07:58

A £400,000 loan from Align Research with a repayment date of 31st Mary 2021. That's next March. The loan is received in portions and has an 8% coupon. So repayment of £432,000. 16,000,000 warrants issued with the loan.If the share price reaches 4p in the next two years Align makes £240,000 and 16,000,0000 new shares issued. That's on top of 15,000,000 shares for the cash raise (with warrants bringing 7,500,000 new shares) and 1,500,000 new shares for supplier payment. The funny part of the cash raise is that the application for the PSC in Cuba is free. So the £300,000 goes to staff costs and overheads. Parsons and Dennan pay themselves well. At shareholder expense. And share dilution continues apace. Be careful.

[helpfull] 10/8/2020 16:48

What has just happened? The management of Ascent Resources has just brought forward a hanging. 15,000,000 shares bought for 2p are coming onto the market a week early. They can all be sold. Even for less than 2p when the value of attached warrants are taken into consideration. Are you a mug punter? You're going to be left hanging out to dry. Did you buy at 2p on 5th August? Did you see the share price at 2p on that date? As always it is the mug punter who will end up paying for the cash raise of £300,000. How many time? Be careful. It will most likely be you.

[chinese investor] 10/8/2020 14:54

8.18% HBOS Investment Fund Managers Limited 6,183,109 £148.4k


4.50% Jamieson Principal Pension Fund 3,400,000 £81.6k


3.00% Barclays Bank PLC, Wealth and Investment Management Division 2,268,776 £54.5k


2.65% Shard Capital Partners LLP, Asset Management Arm 2,000,000 £48.0k


2.65% C. Williams 2,000,000 £48.0k


2.51% Andrew Dennan 1,900,000 £45.6k


2.25% Jarvis Securities plc, Asset Management Arm 1,700,000 £40.8k


1.29% IG Group Holdings Plc, Asset Management Arm 976,564 £23.4k


1.25% Equiniti Group Limited, Asset Management Arm 948,446 £22.8k


0.84% A J Bell Holdings Limited, Asset Management Arm 632,875 £15.2k


0.83% Killik Asset Management 628,971 £15.1k


0.83% W H Ireland Group plc, Asset Management Arm 624,008 £15.0k


0.82% HSBC Global Asset Management (UK) Limited 620,006 £14.9k


0.81% Charles Stanley & Co. Ltd, Asset Management Arm 609,712 £14.6k


0.74% Vontobel Asset Management AG 559,950 £13.4k


0.60% Redmayne Bentley LLP, Asset Management Arm 451,548 £10.8k


0.48% New York Life Investment Management LLC 366,093 £8.8k


0.36% Peel Hunt LLP., Asset Management Arm 268,792 £6.5k


0.34% Puma Investment Management Limited 257,963 £6.2k


0.32% Global Prime Partners Ltd, Asset Management Arm 240,050 £5.8k


0.29% Unione di Banche Italiane Scpa, Asset Management Arm 220,000 £5.3k


0.22% Hedley & Company Stockbrokers Ltd, Asset Management Arm 166,564 £4.0k


0.18% Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A 134,734 £3.2k


0.17% Idealing.com, Asset Management Arm 126,691 £3.0k


0.14% UBS Asset Management 104,734 £2.5k

[helpfull] 07/8/2020 07:38

Be careful who you get into bed with. Align Research Ltd. are previously known as SPREAD YOUR OPTIONS LIMITED and OPTIONS TRADER LTD and SPREADBET COMPLAINTS LTD and SPREAD BETS COMPLAINTS LIMITED. You might get a taste of what's in store for Ascent shareholders. A new name wipes the slate clean doesn't it? I wonder where Parsons got the idea for changing the name of Regency Mines today? Ascent has now raised £1,700,000 in 4 months. Where has the money gone? Not to shareholder value. How much are Parsons, Dennan, Malcy and Stuffy being paid?

[brookemia] 06/8/2020 20:04

Sleep well Ms Dees🤥㈑6;🐷

Pontcanna
Posts: 1,005
Price: 2.145
No Opinion
Malcy's BlogToday 19:15

Dear Graham ( I hate to call you Malcy as that sounds you are nice guy who loves his sports instead of the manipulating person you are)☹️

Can you explain all the contact and promotion of companies you have had with James Parsons over the last several years🤥Ԁ55;💰

Please detail any payments made to you regarding his companies to you over the last 5 years or more to promote his rubbish

Good Luck with your new job in Ascent Resources (Is that a James Parsons Company by any chance ?) This will go further - sleep well !!🤥

[broken_arrow1] 06/8/2020 13:59

No doubt there will be pumpers but it happens with every AIM stock.

This has to be near bottom, no doubt the same insiders will double their money when the shares are 'allowed' to double/treble.

That's how AIM works folks.

[helpfull] 06/8/2020 13:39

It goes from bad to worse. There truly is no regulation in the sewer. Another cash raise. It's what they do. 5p, 2.75p and now 2p. The arrival of Novum Securities. Look them up.Look up John Belliss - he spell his name several ways - whose name now appears at the bottom of the RNS. Align Research Limited, all you need to know is at the Companies House website. There business has form and you'll be able to see their previous company names. "Options and spreadbets". Shareholders are going to be toyed with for evermore at Ascent. More of the same. I see the tag team is already at SET on LSE : " how did your 14k but go"? "Buying in small lots". " in to win", " huge potential ". The machine is at work. I pray for AST shareholders. The manipulation has begun(again).

[mrzippo] 04/8/2020 23:11

Thats got f all to do with a change in major shareholding. Anything that moves in a 1% threshold above 3% needs announcing within 48 hrs. Ask Lombard Odier. They are the experts.

[dodge_city] 04/8/2020 22:59

14th Feb they announced this.

-- Immediate cancellation of Equity Sharing Agreement with RiverFort Global Opportunities PCC Limited.

[mrzippo] 04/8/2020 22:56

No I dont think so

[helpfull] 04/8/2020 09:07

Is it legal? Is what went on at AST yesterday legal? Is what has happened in the last three months at AST legal? Is it Malcy? Did Parsons know a significant shareholder was selling down whilst two cash raising at 5p and 2.75p were carried out? Did Stuffy know that a significant shareholder was selling down whilst she publicised the company? Have shareholders been misled? Has there been a betrayal of trust? Is there an ongoing betrayal of trust? Is ignorance of the portrayal of ignorance allowable? Shameless. Are all shareholders in AST simply mugs?

[broken_arrow1] 03/8/2020 20:54

Didn't Dennan put in £100k at 5p a share.

I suppose he will gain it all back via salary but nonetheless he has lost over £50k on paper in short time, that's impressive !

So the death spiral funder is selling out, good riddance to them I suspect most shareholders will say. That could account for the share price weakness but who knows.

AIM is so corrupt anything can happen, this has been heavily bashed today across all forms of social media, some entity is working hard for financial gain, is it about to spike up ?

[johncasey] 03/8/2020 20:17

gas up 12% today

[helpfull] 03/8/2020 20:00

A dodgy RNS after the close at 4.45pm. Multiply it by 4 to get a quadrupled dodgy company. Look at the dates of these sales and when the company was "informed". Started before the cash raises. Shares were luckily sold before placing and share drops. And all the fiasco with the rogue placee who wouldn't pay up. And all the litigation funding fuss and it's mysterious disappearance. And before the arrival of "Andy" Dennan, the fellow C4 Energy shareholder to Parsons. Did someone smell a rat or two. If shareholders knew the major shareholder was selling perhaps they would have sold. What's gone on? What is going on? Perhaps Stuffy will tell everyone. The management of this company are worse than their combined reputations. Much worse.

[xow98] 03/8/2020 16:50

Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that, on 3 August 2020, the Company was notified of the following changes to Riverfort Global Opportunities PCC Ltd's ("Riverfort") holding in the capital of the Company:

i. on 25 March 2020, due to a disposal of voting rights, Riverfort's holding reduced to 2,400,000 ordinary shares of 0.5p each, representing 5.97% of the Company's then issued share capital;

ii. on 8 April 2020, due to a disposal of voting rights, Riverfort's holding reduced to 1,700,000 ordinary shares of 0.5p each, representing 4.23% of the Company's then issued share capital; and

iii. on 5 May 2020, Riverfort's holding remained at 1,700,000 ordinary shares of 0.5p each, however due to an issue of equity changing the breakdown of voting rights, Riverfort's holding represented 2.99% of the Company's issued share capital.

[blueblood] 03/8/2020 12:33

Well done to new BoD on new strategy and all time low sp! What are they doing about it answers on back of a postage stamp...

[helpfull] 31/7/2020 09:52

Price destruction? Might want to take a look at Coro Energy. Dennan used to be the CFO there with Parsons on the BOD. These two have a history of price destruction. If you entrust any money to their companies you will be sadly disappointed. They haven't got going with AST yet. Be careful.

[blueblood] 30/7/2020 16:10

Truly stunning share price destruction continued despite Colon's departure.....

[greekhovel] 28/7/2020 12:38

This has to be worth a punt sub £1.5m m/cap, they are working on some special situation deal, they also suggest a news rich period, the shrewd will be buying in now.

Only about 60m shares in issue as well, if the herd hits it it could go ballistic with so few shares in issue.

[helpfull] 28/7/2020 12:36

Anyone ever hear of this Jamieson Principal Pension Fund? Appears to be little known. Is it a large pension fund or a pension fund of an individual or a small company? What sort of pension company worth its salt invests in a company such as Ascent with its Cuban connection and low retail investor reputation?

[blueblood] 28/7/2020 11:50

Hi Toon yep absolute disaster here but made some money back on COPL. Still in EME & CORO but could do with that Duyung sale soon!