Member Info for Dark_Knight2020

trading update on the 8th so hopefully we should see a small move up before the results and I am hoping a bigger move after the 8th.

It is good that FXPO have come out and made a statement.

The news has made it to Bloomberg. https://www.bloomberg.com/news/articles/2019-09-27/ukraine-says-ferrexpo-owner-zhevago-suspected-of-embezzlement

how convenient this happens so close to the release of the trading update... maybe just my conspiracy pea brain, but I smell something fishy... The CEO has a history of corruption and dodgy non compliance methods ( maybe like most of all street lol) , i think the other chap is right gives him a great opp to buy at a low price just like before...

Be interesting to see level 2 in the last 30 mins and I wonder if it will finish a little higher..

would it suprise anyone if this was back at 2.06 or even higher by 10th of oct ?

trading update due out on the 8th oct plus iron ore during the quarter they are reporting on has been very high than previous year. So should be a good update... Iron Ore still trading quite high around 93$

Maksym do you think once the CEO's side of the version circulates it will bounce back up rapidly ?

fundamentals of the company are excellent, trade tensions lower, deal possible on the 10th or after, sounds like a criminal charge which where the prosecutor did not follow proper legal process. How many CEOs ( i know all different cases) been convicted on fraudulent charges, even after the financial collapse, not many.. Get this guy on that charge is likely a long long shot.

thanks for that info Maksym

that is true, he should send a thank you card to the prosecutor and a nice bunch of followers including 12 roses. Just shows you how little they have on him, putting it on FB knowing it will drop the share price and affect his company.

I agree that is true Maksym, however the accused should then come out and give a person statement of some sort.

surly fxpo must come out with a statement and say something, silence is the worst thing...

the problem is if he resigns now he will look guilty.

the guy is nothing but a 2 bit shady git .... he should resign and let the company move forward.

The SBR reported in absentia about the suspicion of a former non-factional deputy of the Verkhovna Rada, co-owner of Ferrexpo company Konstantin Zhevago, who is the beneficial owner of Finance and Credit Bank, of involvement in embezzlement of 2.5 billion hryvnias of the bank.
About this on the social network Facebook wrote the first deputy director of the GBR Olga Varchenko, reports Ukrainian News.

"Today, in absentia, they handed a suspicion to former MP Konstantin Zhevago, who had previously been tested for involvement in the criminal scheme for embezzlement and legalization of 2.5 billion hryvnias of Finance and Credit Bank," she wrote.

During the pre-trial investigation, it was found that the offshore company in the period 2007-2014 opened credit lines in foreign banks. Subsequently, between the financial institutions (Finance and Credit Bank and foreign banks), pledge agreements worth more than $ 113 million were concluded with which the Ukrainian bank vouched for the offshore company using its own funds, which were placed on correspondent accounts with foreign creditor banks.

as expected just dropped by 3.5% just checking the news now.

Tiger do you reckon the shorts have accepted that gold and silver is staying at the level and that is one of the reasons the shorts are cutting back ? at least if Gold and Silver do then we know the next quarter the results will be a massive improvement than the previous quarter.

Bitbuybit thanks for the good friendly advise I really hope this does start to move up in the coming weeks .

I think if there was something dangerous ahead for this then I reckon the shorters would have taken big positions against this but on short tracker I cant see anything above 0.5%.

all anyone an expert at candlestick graphs ?

well if I was a billionaire I wouldn't turn up, instead will send my team of lawyers.