RE: The Russian Related Companies15 Mar 2022 18:44
Agree Evraz more dodgy than Poly ( Roman Abramovich was in Panorama program last night , certainly corrupt and a shareholder in Evraz , plus as Sheltie says the steel could be used by Russia war machine )
Poly could Rocket upwards to 260 p or 320 p in minutes if Russia / Ukraine agree ... hard negotiations are certainly happening now / and pistil result could be announced anytime day or night !
The share is worth 800 to 1200 p today ( even as high as 1500) .... nothing much has changed in Poly business , this will return to much higher levels - no brainer
RE: No More Gold buying . Now what?15 Mar 2022 12:22
Who does Poly normally sell / offload their Gold to? I guess they can get even higher price if they sell gold to Russia citizens who worry about Russian currency
Event driven Hedgefunds will buy at the bottom and when events signal strong reversal ? China / India and Saudi might buy too Plenty of buyers for cheap Gold
Around 12 million shares traded already today Versus average of 4 million previously when share was over 1000 p A volume of say 10 million shares a day would be fine .. Let’s see next week
Chinese , Indians love Gold and could buy the shares sooner or later , China and Indian funds too maybe … Americans and Hedgefunds could buy anytime , as news on Ceasefire comes …