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EXCLUSIVE: Ascent Resources ask shareholders for ability to raise funds


Managed Support Services Share Chat (MSS)



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supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.05
MSS is dead
12 Jun '12
Long live Kennedy Ventures!! (at least long enough to make me some money!)
 
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.05
Mannan
11 Jun '12
The MSS name has no relevance to the new investment shell this has become. It also helps to separate it from MSS and some of the negative perception that was built up around it as the previous directors clearly cocked things up.
mannnan
Posts: 44,001
Premium Chat Member
Opinion:No Opinion
Price:0.05
name change
11 Jun '12
what is the point of changing the name ,,
mannnan
Posts: 44,001
Premium Chat Member
Opinion:No Opinion
Price:0.05
name change
11 Jun '12
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Trades
1 Jun '12
Some fairly obvious buys showing as sells again - in particular the ones at 0.06 couldn't have just been mistaken 'by the system' as dummy sells to test this at the time show nothing even close to this.
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Supermabs
1 Jun '12
Thanks for flagging this - I'd missed it.

I think this is just one of the previous ii's who have been diluted by the recent CVA and placing. For example Hargreave Hale with nearly 18m shares previously had over 8% holding but they now have just 0.65%. I suspect we'll see more of these over the next few days and then also see new holding investors.

Kind of feel sorry for these ii's, albeit without the capital restructuring from Rivington, MSS would have gone bust and they would have lost everything.

Still, good opportunity to potentially build up a similar or maybe even higher level of shares than these big boys!!
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
Sherlock
1 Jun '12
Another RNS out today, beginning to think I need to increase my holding at this price
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.05
500 trade (25p)
31 May '12
MM code?

Good to see the price is currently holding steady after recent retraces. Perhaps the placing has given this the platform it needs to move forwards on news.
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Supermabs
31 May '12
Cool. Me too!
Lots of work going on in the background there and big news still to come.
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
Sherlock
31 May '12
You're right, I have spoken to Redmond on numerous occaisions, met him at AGM, very smart guy. I too am still expecting great things from Leed at some point in the future. It's just a bit infuriating at times as the SP stagnates!
Appetite4Risk
Posts: 246
Opinion:No Opinion
Price:0.06
Many thanks guys
31 May '12
Really appreciate the info - will watch this one very closely ! I was in LDP on the journey from low .20 to .80 and didn't topslice !! Still think it has at least 1.5p in the future. Gonna have stab at leg now the price has come back - seems to have found some resistace at current levels too.
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Supermabs
31 May '12
Leed has indeed been a funny one but I still expect great things there. I seem to recall that you've also spoken with Redmond so you'll have a sense of his credibility. If I hadn't averaged up to get a bigger holding there I'd still be sitting on a major profit. I do wish I had gone in heavy from day one but hindsite is a wonderful thing.

The thing I do like with these investment shells is the chance to get in at the rebirth of the company. In fact, following my LDP experience I'm thinking of adjusting my investment strategy to focus much more on these types of businesses as in my mind, if you can hit it at the 'bottom' there's more likely to be a good northward journey as news comes out and things develop. I also like the idea of getting in before the crowd gets wind and ends up paying higher prices.

Saying this, markets are funny at the moment and I suppose nothing can be guaranteed these days! ATB.
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Appetite
31 May '12
Details of investment in resource project and then RTO (I assume exactly same as LDP journey) as this is Peter Redmond's specialism.

Share price appears to be low at moment but question is whether it will retrace any further or if it has reached the bottom? (Recent ii placing at .002). Might be worth watching it for a little bit just to assess further. When we've stabilised then good news as it could be representative of Leed at .008 / .010 and we know how that journey has since played out.

Not a lot of info yet. Due to change name to Kennedy Ventures. Will keep a look out for ticker change and new website.
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
Appetite4Risk
31 May '12
I am thinking an investment in a long ago discovered resource in a country that is innaccessable and undeveloped with a poor infrastructure that will lead to investors being kept in the dark for extended periods of time. Or LDP to give it a name!!

Sherlock - I do understand completely, although I was in early at LDP, my holding wasn't big enough. It would be good to get a bigger slice of the action while the price is still low.
Appetite4Risk
Posts: 246
Opinion:No Opinion
Price:0.05
Sherlock/supermabs
30 May '12
am in LDP - been for a while now and waiting for our long awaiting boom. Thinking about a cheaky punt on this one!

Other than the management what else are we expecting here guys??
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Buys vs sells
30 May '12
I wouldn't be surprised if these have been 'innocently' or 'purposefully' mixed up.

The share price has fallen quite a bit in recent weeks (understandably) so would be good if the bid/ask stabilises now at the .005/.006 levels. Stability at the bottom level before the northward journey is what we want.
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
hmmmm
30 May '12
it says 35 million sold and only 200,000 bought - that's rubbish - I topped up here earlier on and it showed as a sell.
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Supermabs
30 May '12
A fair few, albeit you don't half get a lot for your money!

I may top up more as well but want to see how things go over the next week or two. One regret I had with LDP was not buying more at the very outset. I did get a good initial entry price there but ended up topping up too much at much higher prices, so my average hasn't been as low as it could have.

I've put more in here than Pires - my guess is that this might move more quickly in terms of liquidity as it seems there's a much smaller amount outside of ii hands here than at Pires (maybe only 270m avail).

I'll watch both closely......
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
Sherlock
30 May '12
How many you got in here?
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
The plot thickens
30 May '12
Called them back, spoke to another guy who said it was part of placing. Damn, got all excited when I first saw it, but I guess it wouldn't be a new buy because the newly formed investment company doesn't have any investments.
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Supermabs
30 May '12
Here, Pires, LDP, Zol & PGR are my main ones.
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
Sherlock
30 May '12
not a problem at all. I called them up on the number at the bottom of the rns to ask them if it was a new buy or something to do with placing. The guy I spoke to said it was a new buy on the 21st May. You in here yet?
Sherl0ck
Posts: 1,984
Opinion:No Opinion
Price:0.06
Supermabs
30 May '12
Not a problem though I don't think? Their holding percentage has just been diluted. Shouldn't affect us unless sp drops significantly due to placing, which it hasnt as yet (MMs maybe playing spread so I'm not sure if all sells are really sells?).

There's not a huge amount of free float here outside of II hands, so maybe MMs also don't really know what to do with it yet.
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
just read RNS
30 May '12
well bugger me, I didn't see that coming
supermabs
Posts: 1,408
Opinion:No Opinion
Price:0.06
Sherlock
29 May '12
A-Ha, just read the RNS.




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