RE: RE: Risk31 Mar 2022 12:15
on serious note though positive101 it sounds like it's none essential funds to you as you are ok leaving it in for 12 month.
Before the war this is a 5 billion FTSE100 one of top miners in the world, pays consistent dividend - nothing has changed with the company itself, just the war and the massive exodus/witch hunt of Russian stocks.
Once war and sanctions are over, no reason why this would not get back to it's previous highs - there is risk here of course and it could take a few years to get back to those highs - but you can see the quality of the company from the RNS updates and their willingness to look at all options for the best interests of the company/shareholders and potentially even split off the Russian assets.
The only way you lose 'all' your money in a share is if the company goes bust.
If you are happy in leaving it aside for a year then you may even consider leaving it in forever - just think of your potential dividends if this does get back to £14 a share, up to 50% of your initial investment back every single year ( dependant on your average price ).
Personally I bought 10K inside an ISA - which I will be leaving in forever, for the dividend. Plus further 7k outside an ISA which I will be selling at some point, I have no set target as such, hoping to leave it till its back towards £10 but depends on life and if I need funds back sooner. Peanuts compared to some on here but that was all the spare funds I had/willing to lose if things did somehow go horribly wrong.
Good luck