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You can't expect much when you invest in a Russian company, losses are always for the small fish. I bought at 20p, I am happy to sell at 27p. Let the oligarchs get their billions, it is not more unfair than their money laundering in London real estate, it is life.
This company has value and therefore I suspect it will be worth fighting for, there appears to be a 3 month window in which to do this by all parties involved. I think this will help the share price in the short term.
Super, I am very happy you made good money and I hope you make some more. The western run companies are just as dodgy and we all know it. Look at wirecard? Look at the financial crisis, look how many people lost everything because of a few corrupt individuals. The problem is we in the west think we are little Angel's whiter than milk which we are not and we like to think everyone else is corrupt...
I am sure the world will not end with the current POG price. The problem is the last BOD while they had the power should have protected themselves and changed the election and governance rules when they had the chance like any good management team.
The new guys are in this to make lots of money. I am sure a lot of their very rich friends are sitting at the sidelines getting ready to buy up stock. My only concern is at what price point? In any case I plan to top up. I think by next year this will be well over a £1 especially when Gold is expected to hit over $2000 an OUNCE IMHO ..DYOR
Clarav.... It was speculative in 2019 not 2020.... The company has moved leaps and bounds since then!
Clearly a speculative stock. Not worth keeping on the long term.
In fairness DK a melodramatic drama queen would not have a stop loss in place and would be currently panicking. I nearly took some profits when it hit the recent high but the second listing tempted me to stay on a little longer, doh!
And to be clear, in no way anti Russian but Putin and Russian institutions are not trustworthy or at least not a place to hold too much exposure!
I may well have jumped ship too early but you don't go bust taking a good profit and plenty more fish in the sea
I sold out this morning and like superritch am slightly disappointed with what has/is happening but from 11.75p it was a great return. GLA
It really stinks, maybe worth selling after dividend.
Should recover with talk of dividends. Maybe selling related to recent rns re shareholder reduction from Cyprus? Perhaps lows of the day already reached.
Super rich get off your blinking soap box !!! Do you recall non Russian companies Enron and more recently wirecard?? Or the financial crisis?? Stop being so anti Russian never read so much drivel. Clearly someone who held a lot of shares has sold out and I am sure it will be back up in the 30s. If not at least you can sot back and watch then decide if you want to still have some skin in the game. Stop being a melodramatic drama queen.
I just got stopped out at 27p, 240k shares at an average of around 15p so overall excellent profits but a little disappointing given recent optimism
The reality though is this is now becoming a real Russian company (yes, I know it always has been but you know what I mean)
I love Russia and have been there many times but I would not trust their large businesses or institutions, they can and will literally do anything they want if they think it might benefit them and their leader is a despotic criminal who has zero respect for civil liberties or what most consider democracy
POG may well fly from here but the risk profile has just changed dramatically for me and there are plenty of safer bets in the market
25.5 now . Would the company strategy change with a new BOD. Is there some risk of takeover at less than fair price? Listing on Moscow hasnt helped. I will listen in at 12.00 .
Looks like panic selling by PIs, maybe it'll be a great opportunity to buy more..
The volume of trades doesn't suggest institutional dumping. Not at this stage anyway.
If you're going to hold just through this then i wish you the very best of luck. I can't see the insti's just sitting back - they are dumping clearly ... look at the volumes.
I'm surprised this is not closer to 25p already tbh given the massive run up it's had.
Just look how the prices in other russian companies got decimated when this kind of thing happened. They always have to spoil the party !!!