Member Info for big-blue

GDR is like a nominee broker account but held by a bank.

"There can be no certainty that the Company will proceed with, or ultimately establish, a GDR program."

"The establishment of a GDR program is subject to applicable regulatory requirements, sanctions compliance and the willingness of a depositary bank to issue the GDRs"

"There can therefore be no certainty that the Company will proceed with, or ultimately complete, a re-domiciliation nor any certainty as to which jurisdiction would ultimately be selected were a re-domiciliation to proceed."

I think I could be pasting multiple quotes like this, they have NOTHING to offer and are clearly running around trying to botch something together. Might end up with the company arranging a buy out of LSE shareholders who don't want or can't move overseas. What price do you think you would get?

"Whilst the Company is working diligently to establish depository interest arrangements with a CREST-enabled registrar, it is likely that the Company ultimately will not be able to identify and engage a service provider which is prepared to provide such services for an issuer incorporated in the AIFC. To date, the Company has not been able to secure the services of a depository interest provider."

Frankly, if there was an option here, a company would have made itself known to POLY. This is actually quite a damning indictment, nobody wants to work with you.

"The Company currently remains listed on the Premium segment of the LSE. The Company confirms that it will not take any steps to cancel its existing listings until the applicable regulatory requirements are met, including a shareholder vote, and shareholders will be provided with adequate information at an appropriate time."

This repeated about 5 times. Trying to give the impression that trading on LSE to continue for a while yet. HOWEVER, the word specifically is 'cancel' rather than 'suspend'.

'cancel' v 'suspend'. This is NOT a trivial difference and the repetition of this paragraph is important.

Having said that, the rest of it merely describes the muddle the company has got itself in. If they had moved to split straight away instead of prevaricating there wouldn't be this mess. But now they can't even give any assurance GDRs can be set up - nobody in London wants to be involved maintaining a presence on LSE. Even converting to certificates will not work!

So not so many direct answers, just a lot of warnings of how much further pear shaped this corporate mess is unfolding out to be. And this is a mess and made by the board, or rather the foolish anti-split faction that has messed everything up.

I'll look out for occasional very brief day trading opportunities but this is a share too complex for average pis now.

I think we will all find WWIII a bit underwhelming. There has been a big build up. Lot to live up to.

At some point board will ask for share to be suspended as the move about the speculation goes bouncing....

In answer to you raisng a question directly to me on the Ukraine war,

Frankly, given the medieval barrage being focused on a limted few particular places, the question is more why does it takes weeks and months for the entire Russian army plus hundreds of thousands of conscipts to make a mile or two. And as for the gain, what have they got? A pile of rubble worth nothing they bombed to peices and the resentment of everybody near by, including thise formally aligned to the Russians.

Do you not want to know my opinions of POLY?

All you want to do is create arguments, and specifically with me. Case proven. Stop.

Thank you for proving my point.

I've noticed, people come on here repeatedly addressing me and trying to get an argument going with me. It has been noticeable these last few days with all the usual trolls going elsewhere.

So, to the few trouble makers left. Stop addressing me directly. Stop trying to incite me, goad me or wind me up. You're exposed now and un plain sight.

The topic is POLY and everything connected that can influence it. I am not the subject. Remember that please.

Remember those plastic see-thru rain coats?

Just commenting on the story and asking would POLY consider something similar given how strategic it is to the purse.

Actually, I think you will find the 'problem' posters have largely left and gone to Telegram to tell each other how well Russia is doing defeating the whole west, POLY shares are on the verge of multi baging and the world loves Russia and is desperate to sign up for the new world order.

What we have here is an average board with a few reasonable opinions but with still the odd one or two with their barbed tongues. And I am still the object of their fantasies. Stop referring to me, if you can!

So a question to be posted is whether the company, split or not, has/is/will consider the security of the assets and how they would be protected if approached?

https://uawire.org/ukrainian-intelligence-russia-s-gazprom-is-creating-its-own-private-military-company

This is of direct interest. It is a scenario I have cited before but dismissed. Would POLY be considered so strategic as for the company to warrant having its own "private security organization". If the country descends in to civil war, the seizure of cash cow mines and infrastructure like gold mines would be just the same as seizing oil and gas assets.

People who claim to have direct contact with the company promised they were told we would have clarification via Q&A today. We wait. I'm chomping my way through a packet of digestives adding a smidge peanut butter here and there to pass the time away.

I am not the topic of this chat room.

Lovely to see those still visiting this chat have such a great sense of humour.

Drop? Has the Q&A finally leaked out, lol

I wish they were date stamped. Some of them are actually superseded as far as I can see.

? Which are the promised new Q&A? These look like the ones that were there before.

It will be posted today - somebody posting on here has direct access to the company and said yesterday they were told the Q&A would be updated today.