RE: Divi1 Aug 2023 11:53
"@John what new shares?"
BSR...As part of the Re-domiciliation, in order to comply with the AIFC Companies Rules, the Company's shares will be converted from 512,697,077 Ordinary Shares of no par value to 512,697,077 Ordinary Shares of $0.03 each in the share capital of the Company. Hence your old shares gets cancelled and you get new shares on one for one basis. Further, company categorically said there will be NO dilution. You can find more details on link below.
https://www.polymetalinternational.com/files/en/2023_05_10_Re-domiciliation_QAs_eng.pdf
Further, the sp is going ballistic on AIX as I/we expected cos the shareholder value is starting to be unlocked. I was wrong yesterday in saying yesterday was last day of trading old shares on AIX...think it's today.
Not to forget, POLY on MOEX was just under £6 before suspended, so the value of our shares should be somewhere near this level in next to no time.
Exciting times awaits...........