Member Info for swizz

Perhaps that is part of the Lombard plan, sell a few million, crash the share price and rattle the board room door and then back the appointment of a new CEO?,....GL S

If PB has any sense he will be hoovering all the loose shares up at the moment and when de-listed the company will probably be hived off to a VC for 10 times the current value,......GL S

It appears to be an overreaction IMHO, to what is far from a certainty, interesting to note that Exec Chair Richard Ward has reiterated that it is only being considered at this stage and would be subject to due process,....GL S

The market appear to be happy to soak up the sells, a buyer in background perhaps?,......GL S

Indeed and a lot of news due Sept onwards, anything sub placing price of 25p is a great entry price IMHO, ....GL S

If you read the TR1’s, the majority of the reduced positions appear to be as a result of the recent equity raise, which subsequently has altered the percentage of the shareholders,......GL S

Due to it being.......

“An event changing the breakdown of voting rights“
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It’s very simple, it’s a better product with significant gains in product yields and its competitively priced in the market,....GL S

Cash flow generation substantial,...over $50 gross margin per ton,....Nice One!......GL S

Production capability in excess of 300,000 tons per annum...Wowzers.

Looks that way, it also looks as if my timing was spot on for a change,....next week should be interesting, ...GLS

Another couple of decent buys ticked through yesterday and today, someone appears to be quietly accumulating,....GL S

Anyone smell a rat? ......hard to believe the update below was just a few months ago,....GL S

Transformational Year

Ascent Resources plc (AIM: AST), the AIM quoted European oil and gas exploration and production company, is pleased to announce its audited full year results for the year ended 31 December 2017.

2017 Highlights

· Profitable, cash generative and debt free

· Producing from a high value gas asset

· Potential to increase production through well recompletions using existing infrastructure

· Cash reserves of over £1 million

The Company has today announced it will conduct a review of the various strategic options available to the Company to maximise value for shareholders.

This will include both, seeking to identify a partner to work with the Company to maximise the opportunities to develop existing assets and offers for the Company.



Colin Hutchinson, CEO of Ascent Resources plc, commented:

"This has been a transformational year for Ascent, as we have moved from an exploration company to a production company. We look forward to our continued success in the future."

If CAD start sniffing around, it may become interesting, they know the region well and interest has been there in the past,...GL S

From March 2016,..

The Board of Ascent notes the recent rise in the Company's share price and announces that it has received a preliminary approach from Cadogan Petroleum plc ("Cadogan") that may or may not lead to an offer being made for the entire issued and to be issued share capital of the Company ("Possible Offer"). The discussions are at an early stage and there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made.

Hopefully the market is short and that should certainly spice things up,....GL S

More from the Doc,....GL S

https://twitter.com/dds_docholiday/status/1020696674333806592?s=21

Nice one D, a decent recovery and finding a few more buyers, you may even reach your average today!,....GL S

Exactly and I have added a few more,....GL S

It may also link into the Captor change of strategy and the subsequent effect on their URU holding, perhaps that has now been sorted and it has found a new home and as a consequence we can now move on with the URU plans?,.....GL S

Some decent coverage of future plans and partnerships from John Shaw at BIOWC,.....GL S #BIOWC18 @itaconix has partnership collaboration with @AkzoNobel and @CrodaInc. More to come as partnership is necessary says Shaw. Find the right customers, need trust, need global presence, acknowledge their innovations, ”play to win”.

For any long term holders, any signs of encouragement probably feelS like a small crumb of comfort, on what appears to be car crash of a business plan previously, that said, I have taken my first position today and will be following with interest, as JS and the team implement the new strategy, but I am sensing a slow burn and not one for trading,....GL S

nope, not just yet, but i am tempted to take a few more,...GL S