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Or drunk
£79k buy. Someone is feeling confident
Hmmm…
https://x.com/puppyeh1/status/1762109390793118059?s=46&t=XoGuyEDDIkFm8ko5sKctdw
Looking forward to tomorrow to see if the rise continues
Derampers keep saying any proceed from tribunal will go to special dividend shares.
what they forgot to tell you is that, only 49% will go to the special dividend shares. the other 51% will go towards the rest of ordinary shareholders, which AST can use for other projects etc. all these after deducting costs.
bottomline, with tiny mcap of AST at the moment, any decent amount of awards will bring huge uplift to our sp
No but what must be rocket science is the fact that the company are setting up a vehicle to pay a special dividend, will be taking bonuses, will be paying Enyo and no doubt have other costs to fiddle away. Explain why it will rerate?
If AST receives even just 10% of the damages claims of £656 million that’s £65 million. At the moment AST’s value is just over £5m with 200m shares. It’s not rocket science
Well it wont since you cant proactively change rules/laws then go back and apply them.
Why do you think we're in arbritration in the first place?
Rerate to 30p? Why? Clueless ramper
That could signal the get out clause for Slovenia. Be interesting what red tape starts to emerge over the next few weeks. Worrying.
It would be good to know AST's cash position.
Should be the start of a massive rerate now. 30p minimum
One would like to think so
Good news. Hopefully soon there will be alot of incoming money paid back.
Update 8th February
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/22/21
DYOR
Can someone give me a very simple guide to vote? I am not a clued up shareholder and bought these shares a long time ago and have hardly followed them. No negative comments please! Many thanks
Wrong Bobby. That is why it pays to read the fine print! Ex entitlement was set after the close of market so Monday is the day.
1800 hours
Just a reminder that the ex-date is today Friday 16th February.
Meaning that one can sell their ordinary AST.L shares and still get the non tradeable dividend preference shares.
The ones who buy today will get only the ordinary AST.L with no dividend share attached. To get them the only option is go back in time and buy yesterday as they are not going to be tradeable.
(because trades are actually T+2 etc)
If a ship is in dry dock do you need a Captain or two? Do you need a chief engineer ? Do you need a purser ? do you need any officers ? may be one!....So is this company is a nonsense in every way......?
What absolute baloney!!! Hence the question then why does this company need to award such ridiculous salaries to a top heavy BOD!!!???
Will this nightmare ever end!!!
To those that love to gripe there is no promised battery metals strategy etc, you are missing the point. This is a special situation investment that revolves around the ECT case. The rest is just noise, so buckle up and enjoy the ride. Much better returns on offer here than punting a mining project.
And yes when you have your asset expropriated by a sovereign government, your stock price goes to zero as mining investors bail out and slowly the special situation investors move in…
No credit at all to this current shower of a BOD! They've been waffling on for the last 2 years about a strategy in Cuba which despite being a key strategy has produced absolutely nothing!!
Let's hope the lawyers release long term holders from this nightmare as Mr Parsons & Mr Dennan have taken more than £500000 combined in salary!!
Never ever would I touch any company associated with these 2!!!!
@ 19:58 thats patently not true.
At the time of the initial planning an EIA was not required for the fracking AST intended carrying out and was subsequently required when planning law was changed by ministers in the Slovenian government when they banned ALL fracking.
Clearly ASTs planning was in before these law changes. Its pretty obvious their intention was to delay AST for this reason and to subsequently subject AST to these 'new laws' is what this whole case in based on plus the behaviour of Slovenian Politicians leaking market sensetive information to the press against AST.
Whichever way you look at it somone didnt want AST making a success of this gas field whether this was xenophobic, environmental or russian reasons is yet to be determined.