Member Info for Kingalf

Don't assume index tracker funds will sell their holdings, they could quite easily move them into another account.

MaverickD
I can't see any gaps from yesterday, there is a massive one between £5.64 to £6.98 which will eventually be filled.

The West has to much invested and needs Russian resources for it to remain a pariah for long.
The Ukrainians were hoping we would come to their help, but the realisation that this will not happen will encourage a ceasefire.
The road ahead will be bumpy and there are still risks but at once peace is established, or more to the point it becomes palatable again to hold Russian assets things will quickly get back to normal. In the meantime, all else fails blame the Germans

Ft article
Volodymyr Zelensky launched an excoriating attack on Germany over its policy towards Ukraine, accusing its leaders of placing good economic relations with Vladimir Putin over the security of Europe.

“We’ve seen how many ties your companies have with Russia,” he said in an address to the Bundestag, “with a country that just uses you and other countries to finance its war”.

Ukraine and Russia have made significant progress on a tentative 15-point peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, according to three people involved in the talks.

Was debating whether to add more this morning.
My personal thinking is that there may be a few more forced sellers ( tracker funds) before the weekend deadline. Therefore will wait and see before doubling up.

You are coming from this from the wrong angle, there are so many institutional buyers out there itching to buy but unable to do so due to public opinion. Once a ceasefire is declared those buyers after a relative short grace period will pile back in.
Well that's my opinion.

You run the risk that a ceasefire is declared and then you'll be joining the FOMO brigade.
Stake a sensible amount that your prepared to lose and wait it out.

Cop
Ceasefire agreed
£3.47
(Clearly a lot of hope is built into this one, but you never know)

As has already been mentioned, the earlier announcement will have no impact on share dealing.

Polymetal International plc (POLY)Polymetal: Important notice regarding FTSE exclusion14-March-2022 / 17:30 MSKDissemination of a Regulatory Announcement, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.Release timeIMMEDIATE LSE, MOEX, AIX: POLY / ADR: AUCOYDate14 March 2022 Polymetal International plcImportant notice regarding FTSE exclusionThe recent exclusion of Polymetal shares from the series of FTSE equity indices does not impact the ?ompany's listing on the London Stock Exchange (LSE). Trading of POLY shares on LSE and Astana International Exchange (AIX) continues

Average is £2.01
Let's see where it ends

The quote is coming from unnamed US officials.
Sounds like a journalist adding up 2+2 and coming up with 7. There is a scheduled meeting with the US and China planned this coming week.
There was an interview on C4 news on Thursday with someone connected to the Chinese leaders, he was very keen on a de escalation of hostilities as he feared it could accidentally lead to a nuclear exchange. China will not be faning these flames by supporting Russia militarily.

"seize assets of companies that withdraw from the country"
Polymetal isn't leaving Russia, so they will not fall into this category.
Only potential risk is that the shares are suspended tomorrow thus alleviating the need of FTSE 250 tracker funds from being forced to buy shares in a company that could jeopardize their current moral compass. From a personal perspective I see that scenario as a positive as it will stop me selling out early.

I can see several risks and positives to owning these shares.

1. Sell out early thinking the price will drop again but it keeps moving further and further away (likely scenario in my case).
2. The Russian assets are nationalised, remaining parts are sold off cheaply to cover debts and costs (You should still come away with something at these levels).
3. Anyone holding any assets linked to Russia are named and shamed forcing a sale (Don't tell my Ukrainian wife).
4. All out war, mass market sell off and hyperinflation. Sell everything at any cost just to pay the bills (blame the conservatives and brexiteers).

Positives
1. Once in a life time opportunity to buy a company at a 90% discount.
2. Instant 100% return at the slightest hint of a ceasefire.
3. Something to brag about with friends to enhance your prowess as a financial genius.

Not sure of the price action over the short term, but a gap has formed between £5.68 to £6.97.
This will definitely be filled at some point.

Going by past performance, this announcement will just be the start of it. Expect more over the next week. Don't hold your breath though, they'll just regurgitate what's out there already but with added sparkle.

What has happened to money munch, doesn't he usually post all these new news stories.Nothing new really, but at least it may get a few more punters interested. Obviously with the exception of the board. Funny how they've announced some news this morning after the negative comments they've been getting on both chat sites. The fear of having their salaries replaced with shares was probably enough to wake them up.

These will be down to 25p on Monday once they announce that the dividend has been suspended

I'd be really surprised if they payout the dividend.
Expecting some kind of announcement on Monday morning to confirm its been delayed until things settle down. Share price action late Friday confirms this.

Imho I would say a good buy /position increase would be around the all time low of 2.80p. I would expect some kind of bounce from there, but in general there is nothing on the immediate horizon to get excited about apart from Kight possibly increasing his position.
We should force a resolution through where monthly pay cheques are replaced with shares only, that will either incentivise the board or lead to mass resignation. Probably the latter looking at how little skin they have in the game

Im hoping kights tax incentives for buying Evgen far outweigh his paper loss, I estimate it's over a million.