UK 21:07 Saturday, 3 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
I was going to recommend shorting Ascent (AST) but have been overtaken by the event of Cadogan (CAD) walking away from a highly prospective bid on Thursday night causing the shares to crater by 67% on the opening. Instead I will cover the characteristics of this trade because such opportunities do come up from time to time and should not be missed. I hate using the expression “no brainer” but being short Ascent in the last few days comes pretty close to defining the term.
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