RE: I smell big news coming.30 Jun 2022 18:46
The subdued RNS last week, the fall in the SP on the Moex, the board I feels wants a lower price on the Moex hence a dampening of the message it is telling the market. No noises of positiveness, more of carry on and lets be careful.
Now, a lower Sp on the Moex, say about 2 Rub to the pound, so 2 Rub SP on the moex, around 90 million shares issued on the Moex, so the company could announce a buy back, buy all shares issued on the MOex, for around £90 million pounds. They have that in the kitty. This would then help any split. Hence all stock listed on the LSE. And only 385 million share issued.
They could then take offers for Russian assets, use this to invest in Kaz and outside Russia, hence become a company with nothing to do with Russia long term. The Russian assets if sold to say Polyus, could be worth as much as what 1.5 billion pounds.
Imagine the increase in capital value to the company and SP, there are all sorts of permutations the board cold be thinking about prior to putting in place and announcing.
I know one thing for sure, they could all only add value hence the low volume and falling SP on the LSE, the market is awaiting the stater pistols. GLA