Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Poly lifestyle
Poly subreddit - https://www.reddit.com/r/POYYF/
Some absolute mad lads here. Moon boys going all-in and a bloke with 445k shares.
Poly Seeking Alpha - https://seekingalpha.com/symbol/POYYF
Mainly articles by Tim Worstall. Comments section has some good discussion.
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
Interactive investors and Hargreaves Lansdowne
Bank is midpoint trading your goto strategy?
Bank are you still trading or just holding?
95k shares. I will not sell.
Welcome moonboy
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
Jeremy, moex has no foreign selling and no shorting. I don't think moex will come down.
There is a big queue of slurpers waiting for that tasty dip. The problem is sometimes the dip never comes
Trying to trade this or time a bottom hasn't worked out well for many people
Baron what will change your mind on this stock? What are you watching for price signals?
We're all gonna make it aren't we
Market makers: you will never get my 95k POLYs under 1600
DC take the morality lectures to Twitter, they'll love you there
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...
Let's see how it goes, we'll know soon enough