AST to go on a run11 May 2023 11:04
Ok so after a little amount of digging #AST looks like it has the potential for a short term run higher.
Pros
only 165m shares in issue
Short term catalysts
Claim is €500m euros vs market cap sub 6m
Already begun the case so settlement could soon
TR1s from family offices and HNW individuals
Pump potential into settlement/funding
Negs
funding not straight forward
Goes NT on every trade
Could drag on
It feels similar to the #fox trade and I can see the herd pilling in. Might be worth a small punt to see what happens
if they let you buy any...