The Footsie flounders as oil price falls
BP and Shell are dragging the blue-chip index lower, but AIM's indices are holding up well
Company
Ascent Resources PLC
LON:AST
Ascent Resources PLC is an independent oil and gas exploration and production company that was admitted on AIM, operated by the London Stock Exchange, in November 2004 (LSE:AST). Since then its portfolio has consisted of predominantly European onshore projects. Ascent currently operates the Petišovci tight gas project in Slovenia which it considers to be an outstanding prospect.
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Ascent set for sharp descent after speculators kill Cadogan takeover
Ascent’s AIM quoted shares rose 658% since it was announced that Cadogan had made an approach, and was in early stage talks to buy the European ‘tight’ gas junior.
Risers and fallers, including Ferrum Crescent Ltd, IronRidge Resources Ltd and Metal Tiger PLC
Some significant news-driven movers at around 10.30am on Thursday......
Investments and investor services
Small caps overshadowed by resurgent blue-chip miners
Mining bulls were hailing Janet Yellen's cuatious comments about interest rate rises as a weaker dollar sparked demand for mining shares
Resource stocks lead market higher
Mining stocks are surging ahead, dragging the Footsie higher
Wednesday's most followed - Milestone Group PLC, Tethys Petroleum Ltd , Brexit, UK steel and Premier Foods PLC
Away from the UK steel debate and the future of the Port Talbot plant, in focus in webworld was digital and media junior Milestone Group PLC, which saw shares rocket over 81% today to make it top riser in London.
Risers and fallers: Metal Tiger PLC, Polo Resources PLC, Univision Engineering ...
Major share price risers and fallers in London at 4pm
Resource stocks head north as Ascent Resources PLC takes podium again
Small cap shares, notably resource stocks, along with Footsie were making ground at the open.
Investments and investor services
Takeover interest boosts London oil and food shares
Slovenia oil & gas group Ascent Resources soared on an approach from Cadogan Petroleum
Small caps heading higher as Footsie falls; Ascent Resources PLC takes podium
Small cap shares were beating Footsie at lunch with Ascent Resources PLC in keeping with the name, topping the London leader board.
Ascent Resources Plc soars amid possible takeover, Small Caps broadly edge up
Ascent Resources topped the small cap leader boards amid confirmation of a possible merger with Ukraine focussed Cadogan Petroleum.
Risers & fallers: Audioboom Group PLC, Roxi Petroleum PLC, TLA Worldwide PLC, Tomco Energy PLC ...
Major share price risers and fallers on the London S.E.
Cadogan Petroleum PLC confirms approach for Ascent Resources PLC
Cadogan has until 5.00pm on 21 April to announce a firm intention to make an offer for Ascent or walk away.
Risers & fallers: Ascent Resources PLC, Cadogan Petroleum PLC, CPPGroup PLC, Nyota Minerals PLC ...
Board room coups are in the offing at CPPGroup and Nyota Minerals.
Investments and investor services
Risers & Fallers: Ascent, ECR Minerals, Edenville Energy, First Quantum, Minoan, New World Resources
Precious metals miners may be doing OK but the rest of the sector is getting clobbered.
Archive
Proactive Small Cap highlights - More bucks for Bango
Proactive Small Cap highlights - Bango, Xeros, Starcom, DCD Media, Ascent Resources, IOG, Xcite Energy, Northern Petroleum, KEFI Minerals
Investments and investor services
FTSE100 ends lower as miners and oil firms weigh
The FTSE100 plunged more than 100 points to 6,189 on Thursday.
Investments and investor services
Risers & Fallers: Motive Television, XLMedia, ECR Minerals, Kimberly Enterprises, Spire, Halfords
Below are the main news-driven share price movements at 4pm.