RE: Support for Russia is growing18 Apr 2022 14:02
Thanks for posting LTHamigo. Virtually all of the contents are already known on here. Most are here because the share price is simply too far disconnected from the production, revenues and profits of the business which have been continuing at near normal throughout. A nice reminder of just that should be dealt up on the 25th April and with the gold price trending not far off 5 year highs.
https://www.polymetalinternational.com/en/investors-and-media/news/events/
The one bit I hadn't seen before was the speculative quote.
"Laith Khalaf, head of investment analysis at AJ Bell, said that the fall in Polymetal’s shares “represented a buying opportunity for investors brave enough to take the plunge when the share price bottomed out in March”.
“There remains a lot of uncertainty over the outlook for the business so it remains a speculative trade,” he added.
The upside back to the £12.00 it was in the weeks just prior to the invasion and the £14 and £15.00 broker targets just prior also (not mentioned) are what people are looking at should we get a Peace agreement nailed / war over / sanctions lifting.