Member Info for rylidan

Important notice regarding FTSE exclusion

The recent exclusion of Polymetal shares from the series of FTSE equity indices does not impact the ?ompany's listing on the London Stock Exchange (LSE). Trading of POLY shares on LSE and Astana International Exchange (AIX) continues.

I really can't believe people thought that the value of this was going to zero on Friday. What a joke.

With peace could multibag this week. Is that ramping?

Doesn't mean trading has stopped. Just the volatility means they have been removed from indexes for now.

Clearly certain people here are worried what this week will bring and need to exit quickly. Please join the orderly queue for buying and wait your turn. No mass scramble please.

Anyone who can last as long as Putin in Russian politics has got to be very smart. That doesn't make him a nice human being though.

I'm definitely buying more if it's only £2.20. Can't see it somehow. Hope you're right....

I would personally like the divi cancelled and the funds used to expand outside Russia. There are some good opportunities out there....

I invested a short while ago when they dropped sub 650p and looked oversold. Look fair value where they are, but may drop back if Russian situation eases, or increase if it gets worse. Not a bad dual holding with Poly IMO to mitigate some risk. DyOR

It closed in the US at £1.99. I expect us to build on that next week.

"Failing to see why Putin has to stop. Connecting the dots he's been given a green light to plunder at his will. This stops when Zelensky is surrounded or dead."...

Dissagree!! As a martyr the people will fight even harder. They love him, and they will be mighty p****d off if he's killed. More likely he will "dissappear", like many dissidents.

Yes, your option 4 is possible, but if it settles as you say I would prefer an offloading of Russian assets and investment elsewhere, my option 2.

Sorry, can't add up, factored value £9.60

Three possible outcomes, plus there will be options in between. Do your own risk analysis.
1. Poly folds and we lose everything
2. We lose the Russia assets, keep the KAZ ones and diversify elsewhere, say £7 per share
3. War ends, back to normal, £16 a share

My assessment is a probability split of 5%/60%/35%, giving a factored value of £12.60

A gamble sure, but heavily weighted for the longs IMO

Can't see many selling into the weekend. A lot can happen in almost 3 days. But, wtfdik

I suspect the reporter took a guess at £5 a share, and then miscalculated, so should have read £120m. Unless this was a single transfer from another we will never know. it certainly wasn't 50p a share in the open market, and I can't imagine they bought that at that price on that day! I tried to buy when it dropped to a fiver on that day, but the market was locked to outside buys. I reckon blackrock were hovering them up. Just my opinion.

The BoD must be considering options. One is to sell off the Russian assets at a discount, and focus on adding assets in Africa/ Arabia. Sure we won't be worth as much as £18, which I reckon should be true value now, but £10 a reasonable target.

Let's get this straight. I don't believe anyone on this board is "out" and posting for the sake of it. People are either long or short. One group will emphasise the opportunity the other will feed on fear and risk. At the end of the day its up to you to make your own mind up!
I'm long. For me the gamble is zero or at least a 6 bagger. It is a gamble, but I'm willing to throw the dice on this one. Not trading either for FOMO.

Been trying repeatedly to do a top up for the last 15 minutes, just in case they get suspended. Can't get a quote to buy.

Me too, just a few small buys over the last couple of weeks trying to keep my average down. Looks like an interesting few years ahead. Don't normally invest in companies without revenue, but like this for location and potential.