RE: interactive discount22 Jun 2022 10:26
"I think the company and indeed the MM's are playing a somewhat sensible game at the moment, if the SP pumped and ended up on the institutional radar or in private investor media, it could potentially bring the wrong attention and be sanctioned further or delisted. "
i suspect that poly are just keeping head down and getting on with things...the SP is beyond their control at the moment.
The MMs are just doing what they do - keeping a market albeit under difficult conditions. the fact that brokers will let you dispose of your holdings but not allow you to buy means that there is an artificial market which will inevitably lead to a slide in SP. people will need money or get scared off. at the same time others will not be able to buy or add.
the narrative is still the same. if/when the war ends then the SP should recover dramatically. there are obvious risks both on the russia and uk side. not a share for the feint hearted. however it could be a complete bargain if things go right with any recent investment being covered by a couple of years dividends.
GLA