Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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A bit like russian assets,held in western banks,over $300 billions worth.
gone.
putin forgot to tell his bankers,to transfer them back into russia,before the sanctions,what a PLONKER.LOL.
Accounts are#nt frozen though.
Frozen accounts means they can’t pay salaries, they can’t pay taxes, they can’t pay anything
So other creditors will go to courts in no time. FPM will sink sooner rather than later
The creditor applied to “potential opening of creditor protection proceedings against FPM” - is this the first step in a bankruptcy procedure?
The creditor being a related party to FPM is the most bizarre thing. Are FXPO planning a managed bankruptcy of its own subsidiary? Don’t understand this move, anyone does?
Feel sorry for those buying today
Very happy with the finish, the 51 and 52p shares doing very well, still see a rise back to 60p,
Do they know something
Looks like yesterday was the bottom....as long as there's nooooo more legal eagle news.
tvp world is back.....https://www.youtube.com/watch?v=itIlfsPBXnA
and finally,ukraine is starting to get ammunition,from europe,so putins counter offensive,could be about to get hit by fresh ammo.
Clearly a lot more buyers than sellers here
Tommorow Results will give some window as to what's happening in the ground.
very concern on the judgement of the court in Ukraine.
see how it goes.....
It's a fair call to sell - I've been close to it. I will though hang on for now - 50% down - as i think on balance the company will survive. It is not short of cash as such so hopefully finds a workaround.
I'm guessing they could make it state-owned ... Personally, I bottled it and more or less sold out with a 45% loss - left a bit in there, but only so I could still have my hands in it to see what the outome will be, as I was fearful for what tomorrow brings. Just got out of Poly with a small profit and have a nice share certificate for Evraz in a drawer somewhere. I didn't need another victim of war ....
Ukraine may lose, but in any case, Russia will lose. No chance of Poland letting Ukraine became a Putinist vassal state. If Ukraine falls, so does Russia. Polish military alone could smash Russia.
Anyone still investing in this company should be prepared to lose everything IMO. Ukraine is fighting an un-winnable war, spurred on to ever more destruction by its so called allies, the self righteous ex imperial crowd led by the UK.
Since there is literally zero chance of FXPO recovering whilst the war continues, and there’s zero chance of Ukraine winning it, and currently zero chance of realistic negotiations, FXPO has only one direction to continue trending.
Https://www.zerohedge.com/commodities/iron-ores-steep-decline-intensifies
James Bellamy of BNY Mellon? Still not very bright are you...
If it goes down further tomorrow, I will buying more. Great company. Beats the lottery, penny stocks, etc.
You could easily be down another 30% tomorrow
I have both the money and time for ferrexpo. Why are you here?
Do you really want to be in for both a binary court outcome and final results tomorrow? lol
They were either not aware of, or didn’t agree with the outstanding amount. Don’t think it merits the drop in share price. The 2023 Preliminary Results will tell us more tomorrow, until then, don’t let them have your shares.
Rampers trying to exit before it becomes a zero?
Rise is not day traders, imo some serious buying going on behind the scenes
Now, bargain hunters picking up cheap shares , could be back to 60p today, imo
If the courts win
Sold - £700 profit. too many risks. on to the next.