RE: Long Term Investors will be rewarded $$$29 Jan 2023 18:36
Around and around you go chasing your tails. You have convinced yourselves the issue is idiot pis not understanding listings and holdings and doms and GDRs and wrapers and AIXs.
But that isn't the issue. It is and has always been about the precarious knife edge balance POLY has been on because of the Russian link. With the 'split', to POLY K, writting off Russian assets and staying domed in the west on LSE, many PIs held on.
It was explicit in the presentation Russian assets and practically all association is now, quote 'toxic', with, thrice quote, 'fatal' consequences. They had no option but to spell it out.
No amount of spinning concoctions of methods to continue holding is going to change that. At best, the volatility will induce some large sp swings for day trading. But at any moment, the whole thing can fall apart. This business no longer looks west, it looks east.
And that's the situation. Like it or loath it, it isn't going to change for a generation. There is not going to be a sudden return to 'normal'. The consequences of the war are at a fundamental level and have been building up to this for the last decade or so.