Member Info for Davidspellacy

Rubbish, her father owns a worldwide IT company , headquartered in India, why should she donate her dividends received last year just because the company does business in Russia ?.

Why would we care about POG ?

Taken from Trading Economics today.
Note the shares being bought up by the government.

The MOEX Russia Index closed 4.4% higher at 2,580 on Thursday, having been up as much as 12% as the Russian stock market partially reopened for limited trading following a month-long shutdown. However, downward pressure on assets was limited after the central bank banned short-selling on stocks and prohibited foreigners from selling Russian equities and OFZ ruble bonds, while the Finance Ministry ordered its sovereign-wealth fund to buy up to RUB 1 trillion worth of shares, around 7.5% of the free-float MOEX index. Trading resumed for 33 blue chip firms listed in the exchange on Thursday, with energy giants Rosneft (17%) and Gazprom (13.3%) rising while state-backed banks Sberbank (3.9%) and VTB (-5.5%) closed mixed in the half-day session. Russia’s stock exchange has been closed since Feb. 25 following the country’s invasion of Ukraine and in anticipation of punishing international sanctions. .

We can only trade if all/ majority of trading platforms accept Evr trades. One of the reasons given for the suspension by the FCA.

What spring statement are you talking about?

Old news, the company notified this on the 11th March

Chairman and major shareholder of Russian steel maker sanctioned

https://www.londonstockexchange.com/news-article/MMK/pjsc-magnitogorsk-iron-and-steel-works-mmk-comments-on-the-council-implementing-regulation-eu-2022-427-and-council-decision-cfsp-2022-429-of-15-march-2022/15373547

Not disagreeing with you on that point but you can’t have an orderly market if some ( don’t know how many)brokers refuse to trade in an equity. There was a lot of hair being pulled out prior to suspension as investors couldn’t trade their shares, that would , I think, be the reason for suspension to protect shareholders.
Out of interest, what brokers refused to trade?.

Not a clue but you’re right it only affected Evraz as far as the trading suspension went, I wouldn’t know about trading difficulties with Pog or Poly as I don’t hold them.

A lot seem to be missing the point of the suspension from trading and the FTSE Russell RNS.
Delisting and trading suspension are purely because a number of brokers are refusing to trade in the shares as many found out over the last couple of weeks. Cancellation of trading suspension will only happen when brokers open the gates again.

Well as they haven’t yet produced (though imminent) any gas yet, therefore any profits are nil for now. Maybe in a few years, nobody knows.

There’s a difference between ‘ what dividend’ and ‘what IS a dividend’

Ignore me previous post

I’d check your figures again re -360 therms /day

Besides no plate mill, armour plate is a specialised steel and process for manufacturing it, for which the company do not ,I believe, have the capability

What dividend ?

Should have told him to mind his own business:)

Read the RNS where it states ‘suspended indefinitely’

Commiserations to those that held for the RASP shares.

Rubbish, they may be worthless to the holders who held for the demerger but not to the company. As part of the demerger RASP were to sell coal to EVR at a set rate for I believe a year, nothing to pay now. If and when the suspension is lifted , the sp should rerate to reflect the cancellation.