The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Come on AST. Should be above 1p easily...
Last time the company was looking to be taken over the share price spike to around 8p.. By this point the valuation of the company was too much and no offer was made for the company. Perhaps the share price is being kept low in order for more a more manageable agreement to take place and fair price concluded for AST. My hopes are for anywhere between 3-4p
Flavour shaker - I said it was a guess... and if I were conducting this sort of agreement I would imagine having the IPPC permit is quite essential to getting a better deal.
Colin had to be careful what he said regarding formal sale process. There are interested parties.. T/O or JV relies purely on the IPPC permit I would guess. 2019 will be an exciting year for shareholders here if good news continues to follow.
Struggling to get past this mark for a week or so now. Hopefully will be broken by end of today and then on to 900p+
Looks like we are about to see .90p on the bid. 1p on the ask.
Good to hear the PG-11a is back online to take the stress of PG10. Permit appears to be in the final stages of approval now, just a few tweaks and it sounds like it will be awarded. Next stages are to submit applications for re-entry on other wells to increase revenue further. There are a lot of negative opinions on Colin. IMO I think despite a few delays he is getting the job done.
Onwards and upwards. Holding 300k shares ready for good news flow.
appearing - looking good.
looking good week on week this one!
I couldn't imagine Colin wanting to do any T/O agreement for less than 3p.. he's always mentioned that should be the range the share price should be trading in currently.. This is a fair value for AST at the moment in my opinion those wanting to take a risk on positive news flow. PG-11a back up and running at consistent flow rates. IPPC permit (at some point being awarded), T/O offers under consideration, expanding the field and increasing revenue etc etc.
My thoughts the same. they would be shooting them selves in the foot to continue letting their own gas go out the door when they could do the opposite by awarding the IPPC. Who knows... maybe CAD could come back with another offer as last time the T/O rumour spread AST peaked at 8.4p... http://www.iii.co.uk/articles/306446/ten-bagger-ascent-resources-unravels-spectacularly
PG-11a is only a temporary problem. The situation will be back under control in a few weeks hopefully and revenue and cash flow will increase thus bringing a positive sentiment back. The formal sale after IPPC permit will hopefully see this share 3p+ At this level, I would say it is a good strong buy IMO
Looking good at the moment - hope to see us back in the FTSE 100 by the end of the year!
I reckon.
Sure people like myself are disappointed with the update regarding the IPO and magic media. too good to be true wasn't it.. Stuck here now. refuse to sell at a loss.
With the revenue's only increasing and dividend pay out growing each year I'm happy for this to keep falling so I can increase my holding quicker! Oversold by the looks of it.
It always your decision where you invest your money. I just really like the new design and I think the branding will finally make this take off - and the fact its in both UK & US markets now. They just need to push the advertisement and this should sell easily.
Well - the revenue figures after Christmas will tell if its a success or not. Worth a punt in my view!
ROXI is a much better design than the previous. it's all about the branding and mass market appeal.. they get this right (which I think they have with ROXI) and this will take off in the USA especially.