nice. rise.
That’s a good point
Same they’ll take 1.5m all at one - 2p having a laugh! NO THANKS
Got my 1.90 addition in today. Happy with that although didn’t manage to grab that gift dip
Heading for a flat weekly close which on the charts serving as healthy consolidation. Good news from POG and this will blow. In it till the outcome is sorted one way or another
Have a good BH weekend all
Shorters and derampers are out because I just see green after green all of a sudden
Trying to scare people on a bb is quite scummy by nature
NEVER FRETTT
OUR POG WILL PAY THE DEBT!
Will it be soon
While sanctions loom!?
WHO KNOWS BUT WE WILL SEE
THERE IS CONFIDENCE BEHIND UMMC
We will find a way to pay gazprom bank
MM’s trying to shake but shareholders
WONT allow the tank
WELL DONE if you managed to buy
IF you sold, sigh and goodbye
rghhhh got a 100k quote to buy 1.95 and didn’t execute!! Pressed again and 2.16 !!!! GRRR
Buys flooded in after that drop
No sellers (except a few bed wetting trades)
POG will eventually come to an amicable agreement where UMMC will likely profit some way some how. And when the debt issue has resolved then imagine the heavy buying
This is nothing new?! This is just RNS informing us of what the deal is. We know this and this risk is priced in. As per Mayer’s comments, they’re working on it and it’s not escalated
Due to bank holiday this has to be RNS’d today
Loads of buys on that dip, hoovering it up
Several, moex is on the rise
Gold is doing great
Comms from POG are postitive
At higher than these prices, the risk was already priced in
Technically we are oversold and due a correction up
The shenanigans here aren’t one you see on a stock where mm’s don’t want the shares. En contriare- they’re hungry for them
Don’t wish for 3p just like that. It’s be nice but let’s temper expectations. A slow and steady rise up would serve well for consolidation. Build a base and move toward 3p+
Upon a solid and positive update more buyers and volume will push it even higher. Those with averages or buys around this level will be happy. I think almost all of us understand the risk so a moot point mentioning it. It’s now about likelihood of POG eventually coming good - and the upside to full recovery is 10x
Many of us will be happy with 4-5x from here for long term. Have an outlook for weeks and months and you might not be disappointed. Don’t stare at the sp if it causes you issues.
How many people feel like they wish they sold at X and re bought at Y. There will be ups and downs and they are strategically designed by market manipulators to psychologically make you want to cash out for lower than your target. All I can suggest is remain calm. If you’re over invested set a limit to sell some and hope one day it’ll hit. I have a significant sum here and am optimistic. Sanctions lifted (which could happen very very rapidly) or a way around the issue (also could happen instantly via RNS) and POG is out the danger zone
I just wish I had more to add sub 3p here. dry powder has been used
LETS GO. Up for POG!
If you tried to 'trade this' you'll make bugger all, or get locked out on the rise up.
Its so abysmal it's not even been worth it. Could have sold 100k shares today from the top and bought the dip back to secure a measly £50. The spread has made it difficult from 1.5p all the way to 3-4p. IF you need to sell out thats fine but this is how pi's lose money. selling low and buying in FOMO rises
patience here is key. patients and of course good news from the deities of the POG board
Closed blue (MOEX) at 8.1p equivalent, still considerably higher, especially given how grumpy markets are
Some large buys coming into close which is nice to see sentiment returning. It’s looking more positive for sure. Now just have to patiently wait for them to deal with the situation and RNS
If the market makers want to make money from trades then they need to create a market - they’re not doing it because they are milking it from the spread
Buys with the spread make it difficult. Risk and clarity issues too inhibit some from buying
Either they raise the Sp to force sales or drop it to encourage buys.
Lol. Jokes wontongue.
But.. Even when it was 1.40 to sell the ask was 1.68p and I managed some but no lower. Rapidly shot up to 1.90-2p
On a brighter note, MOEX is still blue which is shocking for a day where the markets are very volatile and red. Recovering from the dip like a few others now
UMMC could have well paid GAZPROM bank for the full amount we owe. Having struck a deal depending on gold offtake / licence issues
GAZPROM cannot accept payments from POG due to a sanctions yet still want the repayment
UMMC & ALIX partners brought on to resolve the issue
From comms with POG, along with POG RNS, it’s a strong possibility that we are to be updated once legally finalised that POG have sorted the immediate payment. Along with a plan for the next one assuming sanctions still in place
No sells to justify that that I could see CW.
Maybe MM’s read wontons post and misinterpreted it and dropped the bid. ASK still fairly solid and again. Making it hard to buy below
Couple of my 50k buys marked as sells
After Fridays RNS I’m surprised this isn’t above 3p yet
5h.. there is decent consolidation and support happening here with some decent buying opportunity at the moment. (even if the spread was meddled with)
this wil go up. then down. then up then down. with excitement for 15p on the way up and thinking we bust on the way down.
the healthiest decision you've made is to switch off. which, unless something substantial today, i will too. just added a tiny amount this morning as thats all that can be spared. hoping for a good outcome with another clear RNS. Russia withdrawing troops and aiming for peaceful resolution seems to be one of the bet outcomes that will send russian related shares like POLY, POG , EUA FxPO through the roof but POG the most in terms of % gain from here (marked down extra low currently due to having the greatest risk)
wish you all the best but know POG are working dilligently around it. x FTSE 250 company and produces currency. Currency that has been used for thousands of years and will not change. This was trading over 10x just a few months ago. the road to recovery will take ages to get to 20p but if the price of gold rises and peace in ukraine is established then not only will the world be happy but anyone who bought sub 5p will be laughing
Nice to see mm’s playing fair with the spread. Bid pushing up now, quite a few larger buys this Morning
Moex up and blue too