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AST Ascent Resources Plc

2.32
-0.03 (-1.28%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ascent Resources Plc LSE:AST London Ordinary Share GB00BJVH7905 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.03 -1.28% 2.32 84,159 16:35:01
Bid Price Offer Price High Price Low Price Open Price
2.30 2.40 2.35 2.25 2.35
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 581k -41.89M -0.1004 -0.23 9.8M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:01 UT 50,000 2.32 GBX

Ascent Resources (AST) Latest News (4)

Ascent Resources (AST) Discussions and Chat

Ascent Resources (AST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:012.3250,0001,160.00UT
14:29:252.3320,000465.00O
14:24:332.3011,948274.80O
12:46:482.40421.01O
11:18:342.3052612.11O

Ascent Resources (AST) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Ascent Resources Daily Update
Ascent Resources Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker AST. The last closing price for Ascent Resources was 2.35p.
Ascent Resources currently has 417,216,982 shares in issue. The market capitalisation of Ascent Resources is £9,804,599.
Ascent Resources has a price to earnings ratio (PE ratio) of -0.23.
This morning AST shares opened at 2.35p
Posted at 10/4/2024 17:29 by chinese investor
I'm with HL and the Preference Shares are correctly listed in my ISA and non ISA accounts together with my AST Holdings.
Also they are both correctly listed in my Bell's SIPP Account.
Posted at 10/4/2024 13:32 by epo001
Can anyone with an AST ISA holding actually see the new shares in one of their accounts? If so, which broker, which account?
Posted at 06/4/2024 16:40 by knockcocker
I still haven't heard anything re: the preference shares. Not sure if it's because I hold my shares in an ISA and/or that I sold out of AST a couple of days after the qualification date. Anyone else heard anything?
Posted at 20/2/2024 07:38 by bad gateway
Deadline for preference shares was 6pm last night so thats done. ATB for the win for those holding those.
For new investors though too late for that, if AST do win their case and get paid in however many years it takes the co. will be flush with cash and the market cap of the co. will rise til then its a case of how do they raise funds for their proposed South American mining plans in the meantime?

Next update should be key on reasons to invest I'd of thought?
Posted at 06/2/2024 20:33 by bad gateway
That was me linesal2 and it was the 19th not the 17th..

"Ascent Resources Plc (LON: AST), is pleased to announce that the Record Date for shareholders to qualify for a bonus issue of preference shares for ring-fenced access to an economic interest in 49% of the net proceeds to be received by the Company in the event of a positive Energy Charter Treaty claim outcome will be 19 February 2024."

Seems to me that if you've had the preference shares placed in your acct and they're what you need to hold to gain part of the 49% should they win then why hold onto the common shares given we know that any win should it happen is likely years away and the payout some time after with Slovenia trying to squirm out of it first and all the delays that will cause to said payout.

Coupled with the fact they were ripped off over the 8M euro's and ongoing field revenue with their partners "liquidation" you have a cash strapped co' with no further plays to bolster the share price only the likelihood of dilution if they try to pick up a South American play as is their plan.





Thats why I think holding the pref shares is a no brainer as they're your lottery tickets whereas the common shares after the 24th will have a lot less going for them.
Posted at 06/2/2024 16:59 by linesal2
somebody stated to sell on the 17th Feb after the exercise date.
when AST releases the RNS that they have won damages (which they will) the share price will rocket, so why would any sane individual sell on the 17th Feb when they will have a massive increase plus the special dividend? If they can not afford the risk then fair play, but for me they will stay in the draw until the positive conclusion which will definitely prevail. AIMHO.
Posted at 06/2/2024 06:44 by burtond1
If you don't buy an Ascent ticket, you can't win the raffle say @TMSreach"...The share price has, however, begun to recover over the past few days, momentum that might be sustained by this week's confirmation of the Record Date for eligibility for potential proceeds from the claim against the Republic..."https://total-market-solutions.com/2024/02/ascent-resources-plc-2/
Posted at 04/1/2024 16:58 by digger2779
How do you think the share price will react when they announce the GM to arrange the ring fencing of current holder's rights to a special preference share/dividend? I have a feeling that this is already priced in and the share price will drop once the ex entitlement date is announced. Not much incentive to buy in after that date although the share price should rise once a settlement is reached. But that could be yonks away. Thoughts anyone.
Posted at 03/11/2023 14:47 by bad gateway
Thats a daft way of looking at things imo chinese what if they lose? you get nothing as denying traders a pot to go for will assure this share price does nothing but dribble down as the date approaches.

Best approach is to do the opposite. Set the record date as the day the decision lands on their desk. They can suspend the shares and if you're in you get a cut.
€656M claim wouldn't be outrageous to expect a £60M market cap if/when they get to the "imminent decision" stage at which point you'd have your investment back and your case for damages falls apart anyway.


"My fourteenth (and last) trance was at the beginning on this year
1,000,000 (in old money) £377
Share price was 3.7p in new money !

On this date I had accumulated 4,000,000 shares (40,000 in new money)
£15,178 !
My break even price was (is) 38p in new money"
Posted at 26/9/2023 11:49 by linesal2
Doubt they will let it go the full range, As the costs will increase along with the interest. these are usually settled out of court and I doubt this will be any different. Slovenia is always stiffed by its own government officials (they have a track record). the way AST has been treated is outrageous and no court will find against AST, and the cancelation of any type of fracking was the slam dunk.
so they actually paid £50m+ for a piece of land that they said they could extract the gas and then would not allow them to, but kept them stringing along for years without making a decision, when any information was available it was given to the press firstly not AST. and granting permission to build a new plant but not give permission to re-stimulate the existing wells was just a way to stick their fingers up to AST, We will have the last laugh and sooner rather than later. AIMHO
Ascent Resources share price data is direct from the London Stock Exchange

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