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OK, Pandaman and to all others out there. Ginger Hippo provided a credible explanation to my previous question but a Russian access to shares must dilute the share position of each investor, board included, unless there is something we are as UK investors not being advised of. Also information will be released in Russia before the U.K. market. So my question is, if it happens how does it benefit the UK Investor, the proposed dividend and of course the SP. All thoughts welcome.
To All, a simple question: The creation (should it happen) of an EUA 2 is a way of accessing the lucrative Russian share market which sure dilutes the overall share value or have I read this wrong. EUA 2 would not be a separate entity would it ? Further more, why if DD is complete and a "potential" sale is progressing. I am pretty confused over this .
Frutsels,
Because they may need the money for an alternative project, they are of an age were cash for the family is financially appropriate, they got in at 2.5p and elect to offset a bit of risk. I have about 2000 other reasons but me personally, I may just need the money .
Calamari, the SP isn't low it is exactly where it should be when a company hasn't had an independent valuation of its assets. That said the SP has risen significantly inline with the interest in those assets todate.
As your teacher no doubt said "Can do better"