RE: Delisting from London stock exchange3 Mar 2022 06:31
AJ Bell analyst Russ Mould commented: "What isn't discussed is whether Polymetal might decide to delist its shares from London. There has been a rapid shift in thinking from institutional investors in the West towards exposure to Russia, and we're likely to see a lot of them cut ties with the country. Support for the business is vanishing fast.
"Polymetal is set to lose its position in the FTSE 100 index because of the share price slump. That's the least of its worries given the headwinds facing the business."