Member Info for hopeful118

It's a wise move and the quicker the better IMO

Newdeal,

I think you're right, best move is to just accept the tax loss abd kove fast IMO.

Jotom, I don't have a specific broker in mind just that technically a broker could exist. I've decided to act fast and go with the certificates because I would only be looking at about £100 (on about 2k of assumed dividends) in tax and IMO it's worth taking the hit for a swift move to AIX. If someone can find an AIX broker that does ISA too I might make thr move but for now I'm sticking with certs and tabys. My holding is work about 40k at the peak SP of £20 so I could just sell a small amount each year and avoid capital gains.

The more i think about it the more I think it's the best option. Better to make moves now to secure our future than bury our head in the sand. Looking forward to having a nice little stream of dividends from this crazy bet of mine.

Good point BSR maybe I can get the cash back out if the price is right.

I was tempted to try to sell then rebuy in an AIX ISA but I don't like the idea of me selling then price rockets in the meantime. If it were a steady stock then I wouldn't mind but this stock is extremely volatile.

If we have certs and transfer to wood, can we process them into an ISA like sell and buy in one transaction to move onto the ISA?

They could potentially use paypal if it's in US dollars.

Https://seekingalpha.com/article/4604496-polymetal-international-path-to-restoring-shareholder-value

No, it just means they don't have a registrar to process the transaction. Once/If sanctions lift they can get a new registrar and resume. Whilst under sanctions the company is basically stuck in limbo and can't do anything.

I think they may need you IBAN number (which is on your bank statement) for paying dividends.

I think tabys is the best option to begin with, at least then you're on their register etc. I've just emailed poly my deets and await the access code. I'd imagine it will be a very simple account like when I held stock with computershare. As long as I get my dividend then these shares will be worth holding onto.

Maybe try transfer to another broker. Barclays was absolutely fine with it and didn't charge.

JC that's half the reason I bought the stock at the lows of 30/40 p because I think it will boom once they get on the US market. The US has a huge market and if you can capture the US audience the money can be extraordinary.

I suppose people were expecting a doomsday scenario, so anything that isn't complete disaster is a positive. I have to say the results tell me we have a robust business capable of weathering the storm.

I can't sell the shares that I have ordered as paper.

I can get a quote to buy this morning 1 share at 254p

I'll have a look monday and see if I can get a quote for some. I'm not willing to put anymore cash into this or in fact any other russian stocks I'm too exposed for my liking. Thet were good with the certs though, no charge for conversion.

BB, it all depends. When I was registered with ckmputershare they sent me a cheque because they didn't have my bank details. I'd imagine they will 0ay by cheque or transfer. I'd personally prefer a transfer Which will require an IBAN which I believe all UK banks have.

I have an ISA with Barclays I ordered certificates via their chat facility. On my mobile I basically clicked manage account, then documents, then whilst it's loading the page there a chat icon in bottom right corner that I clicked on to get chat running. A bit of a strange way to get there but it works. Once I get certificates I'm not sure what method I will use yet.

Yeah I thought that too but I think poly are basically saying to them we want you to set this up for our shareholders.