Bank, yeah I love action as well but I dare not trade poly. I have a few grand in my ISA I could trade something else but won't touch my POLYs. If poly pulls back, will just use the money to buy more
Burbank this thing was already mooning prior to moex. There is no way I know of to ARB moex and LSE unless you are Russian and had shares on MOEX to begin with. In which case you probably got rekt anyhow
Riflemam, it closed at 6.67 gbp equivalent on MOEX last trade. Let's say it dumps 15%, that's still over 5.50 gbp for poly equity. You've made the bull case
The best scenario for intentional investors would be two companies.
1. Poly Kaz remains on the LSE (kazhakstan assets) 2. Poly Far East dual listed in MOEX and Hong Kong (Russian assets)
Poly shareholders all get 1:1 share of poly far east on MOEX or HK (their choice). They can either hold the Russian assets in HK or dump them and only keep the Poly Kaz.
To be honest, I think there cat is out of the bag for this stock. The big daily % moves will just attract more speculative interest and investors. That seeking alpha article woke up a lot of people in the States...