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4 vs 2
That’s 4 MM’s who are ready to buy our shares for 0.75p. They’ll have to try a lot harder than that with news just around the corner.
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4 vs 1.
MM's will try to get as many shares as possible by dropping the SP and triggering a stop loss. Maybe there's a buyer waiting to have their order filled.
One thing is for certain. They're all desperate for our shares.
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When L2 is 1 vs 5 and the SP remains steady. It tells you everything you need to know.
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Clearly they're upset with shareholders. I don't think they give a monkeys about the SP. I wouldn't be surprised if the RNS was worded in a specific way to get rid of more PI's.
All we have to do is wait for the IPPC permit, with IMHO is due very soon and then decide what the future may hold for AST. The strategic review is almost coming to a close and it's anyone's guess which way that will go.
Good luck to those who are still holding.
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It was undervalued at 0.37p. That was the ideal time to buy. I’ve lowered my average to 1.2p. Hopefully will be able to sell and make a tidy profit once IPPC permit is issued.
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minden
It's best to ignore such pessimistic comments.
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SWLC
I'm also being offered 0.75p every time. Mind you, i've only tried it twice but i know what you mean.
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I’m hoping we all have something else to smile about.
Have a great day everyone!!
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...before the big rise. I’ve got a feeling an RNS tomorrow will bring a smile on everyone’s face.
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If MM’s want more shares, why don’t they take the price up?
I'm happy to hold until IPPC.
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Colins words...are best taken with a pinch of salt.
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As mentioned in my previous post, i think the SP has reached the bottom. It's possible we will submit the final amendments to ARSO by the end of the month. Which means IPPC permit by the end of September.
The permit required for re-stimulation is a separate issue. I have no idea how long that will take. The sooner the better imho!
SP will touch 1.5p in September and break 2p once IPPC permit is issued. More importantly, it will increase our chances of finding a JV partner.
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I think we hit the bottom today. It's just a matter of time before we get news. Most likely 1st week of September.
Well done to those who got in cheap or were able to average down.
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bradis
I completely agree with you.
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The only ones doing well from AST are the smart traders who make quick profits over and over again. They know exactly when to buy and sell. Whilst the rest of us LTH’s wait for that one big pay day.
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Ascent have reconfirmed they won’t be submitting the final responses until the first week of September 18. I’m not sure why they had to repeat everything again, but it gave the MM’s a perfect opportunity to start a tree shake.
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That’s a positive outlook! :-)
Looking good at 4 vs 1. Maybe the MM's are expecting strong demand in the morning.
Conference call is nothing more than a PR exercise. It gives PI's an opportunity to interact with management.
MM's will often drive investor sentiment using either fear or greed, depending on whether they want us to buy or sell. I think right now, they want us to sell...
... but what do i know. I'm just a LTH.
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