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Glad to see you all traded it up today for a change while I slept. Nice green to wake up to!!!
I caught that too, I'm done flipping it, long term holding & forgetting that I own it.
Follow the $$$
This thing is an anchor, it's going back to lows.
Tax loss selling is a brutal thing.
I agree, MDV doesn't instill hope, speaks rather superficially, and has next to 0 charisma, aside from all of Vod's recent business blunders.
SP would react positively to news of a sacking.
That's a bit exreme, they are still printing money and Vod's services might as well be considered utilities in 2023. Worst case is a dividend cut/suspension and maybe a few asset sales, and the balance sheet would right itself in short order.
Of course news of a dividend cut will likely send SP downward quickly.
Sell and buy back on the very last trading day of 2023.
New shareholder from across the pond here. This stock seems to be absolute dogwater. Bought in at 66.9p or so, seems its going to be victim to tax loss selling through the end of the year.
Hah I know Commodore64 well, he's Kain_C64 on Stocktwits. He may have been talking about me lol, I'm holding 210k shares and my father in law has 250k shares. Unfortunately I paid a little over $3 for my shares, my pops paid a little over $2 though, lucky fella.
Hah, joke's on them if they want retail out. Over here in the US we're frozen, not that I want out anyways, but there is no out! #POLYLONGPOLYSTRONG!
Thank you everyone for your responses!
Hi, I'm interested in buying some shares, anyone know a broker that will still allow me to place a trade?
Wow I've never wanted to be an English citizen more than today... Just look at that price, and I can't buyyyyyyyy :(
Hah, I didn't even think of that. Good point! Ah well, I've been adding since March, I'll have to be happy with my position.
The halt should have no material downside for Polymetal, any potential downside is 100% sentiment based. Polymetal itself is not sanctioned, however since it derives more than 50% of it's revenue from Russian assets, the company has been placed under a do not trade list. That being said, as far as the day to day company operations, things should very well still be business as usual.
New guidance from the US Treasury as of a few days ago can be seen here.
https://www.reuters.com/markets/us/us-treasury-says-all-buying-russian-debt-equity-banned-under-sanctions-2022-06-07/
This updated guidance is why Polymetal was halted on the OTC market, you can see from the article that investors can hold their Russian investments without penalty, they just can't purchase more *for now.*
Does anyone know if a US citizen can open an account with a UK based broker, I'd really like to continue buying shares.
Poly hasn't been sanctioned, nor have any of their major shareholders. Nice try bud.
This is good, but must of the borrowings were in USD from international banks I believe. When they refi at the end of the year yes it will help big time.
Not good? It's absolutely fantastic, that makes the stock easier to buy.
I'm accumulating more and more every day, I wouldn't mind a year at this price.
We're tired of the 200p range, blast us into the 300p range for a week or two.
You've got to be absolutely mental to short this, it's suicide.