Ascent Resources Share Discussion Threads

[mrmcnee] 09/9/2020 09:06

Looks like a number of city individuals hae been building a position in Ascent, only 75m shares in issue is material.

Have seen illiquid stocks like this head vertical on simple rumour and speculation, if material news comes the £2m m/cap could quickly turn into £10m or even £20m

[goldenshread] 09/9/2020 08:15

CEO put in £100,000 at 5p a share in December.

[silverspoon2009] 09/9/2020 08:12

I recall the former CEO suggesting a claim for £50m would not be unrealistic, the document below outlines the claim in detail.

[silverspoon2009] 09/9/2020 08:08

It's not beyond the realms of possibility that the Slovenian Government could make a out of court settlement to Ascent, the case does seem valid.

[chinese investor] 09/9/2020 08:06

JohnCasey,
Behave !

[greekhovel] 09/9/2020 08:04

When the City boys are buying so should you.

No smoke without fire, the shares are rising for a reason.

[johncasey] 08/9/2020 23:35

heard a rumour tonight slovenians about to capitulate over litigation...may pay ascent millions in compensation..lets hope the rumour is true and we all get back what we have lost here

[helpfull] 08/9/2020 22:54

Old buddies. Andrew "Andy" Dennan and Mike Staten. Andy wouldn't do the dirty on Mike would he? He wouldn't set him up to lose would he? Of course not. Why would he when there are hundreds of mug punters already set up to lose. They've lost already and they are losing at the moment and they are going to lose in the future. Every buy by mug punters today has lost money. The placing shares at 2p a few weeks ago are being offloaded. Profit for Mike. Expect him to stay around at least a few days. The fleeced will remain around for years in the vain hope they will recoup their loss. Be careful. This company will never make a profit but a profit will be made by the few from naive investors. And that few refers to Jimmy and Andy and Scotty and Mikey.

[zxie] 08/9/2020 15:46

Go to 10p !

[helpfull] 08/9/2020 08:36

Experienced investors who have been here a long time will realise this is a great buying opportunity. You can take some of the recent placing shares issued at 2p for 2.5p and give Parsons and team a tidy profit. It's what the future holds at Ascent. Wake up and smell the coffee. The mug in your hand has been awarded to you for your efforts. Next comes the jacket with "mug punter" on the back.

[blueblood] 08/9/2020 08:10

All these very helpful posters just turned up - must be time to buy!

[dusty101] 07/9/2020 21:09

Ascent is just another Aim market scam. Be warned. New board but same results in which investors are fleeced.

[helpfull] 07/9/2020 19:25

Old mates. Staten and Dennan were partners in Baron Lux LLP(dissolved). I am surprised that connection was not RNS'd by Ascent. I hope no information will be available to him that could be used to the detriment of AST small shareholders. These connections are seedy. The wealth of small shareholders in AST is at risk. You are not on the inside. Your money is at risk. Be careful. AST is not an investment.

[blueblood] 07/9/2020 17:38

AIM specialist from Novum Securities?

[helpfull] 07/9/2020 17:01

The icing on the cake. Is what is going to happen to Ascent Resources shareholders legal in this day and age? Mike Staten. A large investor who is not intent on losing money. He will not. But small shareholders in Ascent Resources are going to. And potential investors. Parsons. Dennan. Staten. Novum Securities and Jon Belliss. Expect Charles Brook-Partridge and Sebatian Marr to turn up as well. The former is a director of Novum. Novum Securities are the brokers for Nuog. Nuog is now suspended whilst two directors look for a RTO for the company. It could get delisted altogether. C4 Energy, where Parsons is one of the directors, bought the debt there and parachuted in two of their shareholders, one of which is Dennan. When Nuog shares were still listed Staten, Brook-Partidge and Marr each bought 3% of the company at the same time, announced by RNS. When the shares rose in a pump and dump they all sold 3 days later. They made a tidy profit but mug punters were left with devalued shares which were subsequently suspend and could be worth nothing. Ascent is their new toy. Explains the arrival of Spreadex and mAlign Research. Expect a rinse and repeat. Recent buyers of AST shares should sell. Potential new buyers should run for the hills. Leave this to the mugs. At Nuog there was a large shareholder, Gary Smith, who tweeted his share buying and was at about 10% just before suspension. Mugs followed him and bought and now rue the fact. Be very careful. These people are all interconnected. You are not On the inside. You are a mug punter. A victim. Let this disgrace unfold from afar. Expect the good doctor to arrive. These people are all conspiring against small shareholders and include the AST BOD. Disgraceful.

[space_dust] 07/9/2020 15:37

Someone has snapped up 2.5m shares, with only 75m in issue that is pretty material.

Sub £2m company, valuation to low IMO.

[helpfull] 07/9/2020 09:08

Spreadex as an "investor". Novum as a joint broker. 3rd September means the second tranche of the loan from mAlign Research (£200,000 to date) is in the grubby hands of Parsons and Dennan. In astrology terms the Ascent stars are aligned AGAINST the interest of the small shareholder. Mug punters be warned. The mAlign Research loan was ostensibly to reduce share dilution, but because of the difficulty with cash raises for Parsons, it is more likely that only £300,000 could be raised in a share placing. Parsons has money to gamble now. Your money. If he fails you pay the bill. Not him. He does not care. There is no investment here. Mug punters are already mopping up placing shares from the last cash raise. At 2p. Form an orderly queue. No value, no morals, no shame. Wash your hands and keep your distance. Be careful.

[space_dust] 07/9/2020 06:06

This company has historically been as leaky as a sieve, the recent increase in buy side volume should tell you all you need to know.

The recent 5m share spread bet is another indicator, not forgetting the £400k unsecured loan provided by a supportive investor - purpose to pursue Special Situations.

Is this the next AIM play to multi-bag ?

[dusty101] 05/9/2020 21:25

This company comes with a warning when you invest here. Whatever you invest be prepared to loose. DOG of a company. Read up on Ascents history. Just another aim market scam.

[greekhovel] 05/9/2020 18:56

Curzon shares have risen from .50p to 1.8p - I am sure AST shareholders would love a gain like that.

Spreadex position is simple, someone thinks the shares are going higher.