RE: Hargreaves Lansdown25 Sep 2022 12:30
@bigblue - They want access to their investment which is currently locked in NSD, you make a very good point about why cant we all have certificates, ive been told by interactive investor that yes they can issue me certificates for my shares so we already have this option. (I did mention this a few months ago if you remember)
There are several ways of looking at this, either they want the certificates to dump the LSE listing or
They want the certificates to protect their investment in the case of Russia’s collapse.
They also need a say in making decisions going forward…
Now the BOD have repeatedly stated they intend to keep the LSE listing (twice to myself via email) and why wouldn’t they if what you say about Russia and the sanctions are true?
They haven’t said yet that they aren’t going to sell off Russian assets?
We also have the backing of Blackrock and Vanguard as far as I am aware are still holding their shares on the LSE? (no TR1 notification as of yet)
I look at this way, even if they do decide to sell its in our interest to get as much as possible for Rus mines, they are ahead of schedule and about to ramp up processing and sales, Q3 results things could look a whole lot different.
At present the board haven’t done anything to make me worry about my investment, its natural to have negative thoughts as we navigate this storm but at some point you have to trust what others are saying, maybe I am naïve and will get burned again but this does not feel like some shoddy AIM outfit, its seems like a golden one off opportunity to me…………