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By Tom Winnifrith | Sunday 20 January 2019
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Ok Ascent (AST) has been screwed by the Slovenia government but it may yet extract value there and it is now ,looking at other "identified" opportunities. backed by Henderson it will survive and I do not blame the management for what happened but the Slovenes so I sort of rate Colin Hutchinson and his team. After all, an Ulster man can do no wrong in my eyes. So this is just a sub penny share punt and I am almost temptedto take up the offer via Primary Bid as a small flutter. Here's why...
This is a gamble but it worked last timer we backed an Ascent offering via Primary Bid. I make no recommendation and remind you that if you do take part and registered via ShareProphets we will earn a small commisison. It is your call
The price is a 20% discount to Thursday's close and the offer closes at 5PM on Sunday.
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