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It is being presumed that if Beren price for a split, they know something. Given they will have taken advantage of that then they would be guilty of insider trading for delaying the qualification. I don't think they do know something but have tipped their inner circle to bail before releasing their full statement. Given the statement they have made, will the company feel obliged to make a statement? Could be via a press comment rather than a RNS unless FCA asks for a formal clarification.
Note, who owned the stock before the war? What kind of institutions? Do you think they all dumped everything? There will be some powerful players still involved so if there is a stitch up it will not necessarily go to plan. It is just a matter of time before the FCA is looking in to it.
The final dividend will be subject to shareholder approval at the Annual General Meeting of the Company to be held on 25 April 2022. Assuming shareholder approval is received, the dividend will be paid on 27 May 2022 in US Dollars, with an option for shareholders to elect to receive the dividend in pounds sterling or euro. Such an election should be made no later than 10 May 2022. Payments in pounds sterling and euro will be based on the USD/GBP and USD/EUR exchange rates determined by the Company on 13 May 2022 and announced immediately thereafter.
https://www.investopedia.com/ask/answers/102714/how-and-when-are-stock-dividends-paid-out.asp#:~:text=The%20date%20that%20the%20dividend,entitled%20to%20the%20dividend%20payment.
Is there a case for Berenberg to be investigated on how it circulated that note? This is starting to stink!!!
I wondered if that was the ploy, the 300 rating based on non-russian business. Bummer eh! I think they are very early calling that given this morning the RNS stated update would come on the 25th April. Furthermore, there is a lot of time wrt the conflict for significant events to happen. Who saw Russia suddenly abandoning the ingress in the north so suddenly? The qualification was also well hidden, circulated around friends first to bail?? Well I'm locked in, think my average is just over 300. The annoying bit is all the time this messing around soaks up.
Gold not mentioned, let's see if Truss will have something unique for UK, but I doubt it.
Don't take it out on us carpink!
https://www.telegraphindia.com/business/russia-ukraine-war-china-state-refiners-shun-new-russian-oil-trades/cid/1859385
Why are the Chinese not buying Russian oil? I think China has turned but news isn't out yet.
mm been pushing so hard to force under 300 and finally forced it. Not sure what they were expecting though.
Just checked out the trades again and there is a healthy number of As. Did I just get an odd patch earlier?
wow.
I slew of independent comment converging on the same narrative.
Feels wierd.
latpulldwn, if iis are not trading this much, the understanding of the sp movement turns to how your average knuckle dragging get rich quick rainbow chaser thinks.
chique, I now what it says, you know what it says, bu for many of the punters trading this as a penny share all they need to see ar the words 'gold' and 'sanction' in the same story and they will dump in a panic.
Whole market is spooked! ISA day will be having some impact but stable shares and sectors al downgrading. Key is I don't think there is a particular issue with POLY, except Truss.
Also, given the auto trades indicate low ii activity, the price is more governed by rainbow chasers. Anyway, I'm still on for a sudden increase to 360 before Friday close and expect to see my 400 target in the near term.
Truss still pushing at gold
"Around 60 per cent of the Kremlin’s foreign currency reserves are currently inaccessible because of sanctions, according to Ms Truss, and she wants to go further by denying the Russian Government access to the stocks of gold it holds in the West."
https://inews.co.uk/news/politics/russia-sanctions-boris-johnson-allie-struggle-enforce-fuel-sanctions-1559316?ITO=newsnow
It looks increasingly UK to go alone on gold. This may be part of the reason for the drop today.
Not contrived market makers???
Deliberately trying to force sub 300. Bit obvious!
https://www.itv.com/news/2022-04-06/johnson-sad-lgbt-conference-boycotted-but-defends-conversion-therapy-plan
Some good news. I wonder if they will now cancel the 'Straight+' conference too so it doesn't all look a bit one-sided with the same old majority having all the resources and attention.