Member Info for Ramp

That might be the case for when you want to add shares in the future for HL. But my broker assured me that if they did move to AIX it would leave LSE and in such an event the ISA wrapper WOULD be removed and it would all go into my fund and share account

He was very clear about this

Well that’s incorrect seeing as I spoke to HL and I know the chap who I spoke to and his advice has sound. I urge anyone else to speak directly to broker and not take financial advice here- but it certainly means the move will lose ISA. For HL users anyway

So spoke to HL, and they did confirm with me that if POLY delist from the LSE, then immediately they shares would be removed from ISA

If they re listed to AIX, then it would certainly mean losing my ISA wrapper and it would be moved to a taxable fund and share account

Now, they mentioned they’re not sure if any sanctions or blocking of trading could occur as his knowledge of AIX is limited but it doesn’t seem likely at the minute

But, with respect to HL, the ISA protection will go if POLY redomicile. And if they don’t redom then in Nesis words it could be fatal !!

Seems like there’s no win unless the war ends before the move

What RNS this morning? There was none?

And additionally, wording may have been strong but that’s exactly what happened with POG when they sounded alarm bells.

Except POG then randomly became positive on the outcome only to be rug pulled. Don’t think that will happen here but I’m not having six figures out of an ISA or worse- to have it moved to Fund&Share account, and then suspended so can’t access the money for god knows how long (EVR?)

This is by far my biggest concern. Spoken to HL and currently on hold at the minute to see if they have more info on losing ISA status and any possibility of suspension post shift of exchange

Crap, so if HL deem exchanges like Aix are trading Russian shares then they’ve the right to cease trading???

Ps dips share volume does not mean that. When poly dropped 13 to 3 did the share price drop in line with the volume of sells?

Just because 2% of the company was traded and there’s a near 33% drop then it doesn’t mean we should be sat higher. Similar to our run from 225 to 365, that didn’t happen with the volume you refer to. Yes it was amazing volume but not almost double the shares in circulation

Good email redinjun

Going to check out for a bit hopefully a swift response comes. Not going to post chart info on the shorter and longer term timeframes as I don’t like it and im not going to give shorts any ammo

Last week or 6 months ago, make your mind up mate

Yes trading volume was insane recently. But a mix of buys and sells, obviously loads of buys inc myself and others but quite a few big prints of sells

Plus the market can still mark us lower than what we should be even if buys outstrip the sells slightly (at least temporarily)

All about sentiment, I do not think this drop is sustainable but I’m not ruling out anything the market throws at us

Richie- you sold last week at 231? It didn’t drop to 231 till yesterday lol

Last week it was near 361

You sure you’re not telling porkies to try to scare other investors?

How can you say a vast majority are holding tight/? There have been ample sells and plus it feels like uK MM’s will now shaft us because we’re leaving the LSE so they’ve nothing to lose, rather they’d revel in watching taking us back to a BS level before we move exchange

Last top up was 240 and if it gets there today I’m pulling that out for cash, don’t think my £3 buys will be seen now for a few months at least

I think it’ll be passed through and we’re going on afg exchange soon

https://www.sharecast.com/news/news-and-announcements/europe-open-shares-up-on-strong-earnings-polymetal-tanks-on-kazkh-news--12097222.html

Shares hold gains on earnings news, but Polymetal fades
European shares were higher on Thursday as the corporate results dump continued, with solid earnings underpinning sentiment, although Polymetal lost its shine as it mulled moving its London listing.

Russian gold miner Polymetal dived more than 20% on Wednesday’s announcement that it was looking to move its domicile and listing to Kazakhstan.

POG will motor on?

I wish. All my investments in that are currently zilch

We should thank Gold for its price (and some reduction of debt) or I think the market wanted to take us to the June lows of 170

Yeah just sucks to watch knowing where this is going and just sitting on hands doing nothing

Even selling some at 260 today could’ve netted more right now :( love and learn

You are correct though , little point in trying to predict what’s happening when mm can make moves like that. Dry powder and hoping limit for buys/sells seems like best strategy

Just don’t understand why so many have sold sub 225p. Lots of buys but weirdly not a sea of blue like when it was 280+

Dead cat bounce in play but lots of traders about and sharks don’t hold - they want their 10% and they’re out

GT fair play if you’re out till dust settles. Bottom still might not be in

But isn’t your dad still a bag holder from £10? Are you going to not stick around and see if it gets to his average as your £2k would be £10k

A few big buys but a fair amount of selling going on. Needs a catalyst and create a base. What I don’t want to see is a dead cat bounce to the resistance line (which at 9am will be circa 245p) and break back down

Yes, one that I wish I stuck my guns to

Might sell some US investments at 2:30pm if this heads anywhere below £2 mark

Otherwise got a cheeky limit set for 2.10. Part of me wishes Nesis didn’t use such dire language and drop the news in that presentation.

I don’t care if it’s Japan, India or even China.

D.D may be right or not but it’s highly likely eua have found buyers for their assets at several different spectrums of sale prices. They’ve managed to short list a few. It could be one or Two have agreed on a price and would execute on this if
1. They had all the relevant licences etc granted
2. War or sanctions culminated

Or 3. When the funds are ready.. make an offer and have it RNS’d.

Not many sold at 5p and rightly so. Why would investors sell at 5p from 4p when this was 28-38p before the war and still seeing multibag value in asset sale

A sale of MT for 12p is an absolute joke but it would be 3x. The real money will be made from accumulation sub 7p.

When this is back in double digits I don’t doubt there will be a flurry of messages along the lines “wish I took some then this was 4p”. Especially for post suspension buyers, the last 12 weeks have been a gift