focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
The reasons for A suspension are a joke.
They produce materials in many countries and again sell to multiple company’s across the globe.
How is it that shell has not been suspended they bought oil directly from Russia only days ago.
All the wheat, grain, oil and gas to name a few that gets exported out of their country is profit for the Russian bigwigs who use it to boost their economy as well as military.
So is the EU and nato going to start suspending each other and throwing each other out the club as they rely heavily on gas and oil from who other than Russia which is helping putin fund his invasion.
The wheat and grain helps keep his troops fed.
Germany have been in trouble for supplying military micro chips to china who else they sent them to tech firms have provided Russia with communications on this bases how come other company’s not in firing line and been suspended
“potentially supplying steel to the Russian military which may “
How could this stand up in court it’s ifs and buts no concrete evidence the wording used to suspend a huge company is shocking.
I can see the company demanding a settlement for defacing them if this is what they used
Should a company be suspended of the stock markets it still trades, makes money.
I imagine they don’t pay dividends and all shares can’t be accessed.
Has anyone been affiliated with a suspended company before to share some insight
Oil sanctions hit Evraz because putins retaliation measures in that he won’t let exports of materials leave Russia and as evraz has assists around the globe inc Russia then that % of balance is affected and creates further uncertainty long term knocking the or keep so low
I bought before Biden and uk decided to not use oils and putin retaliated but its up and down in 1 minute it’s at weekly highs then the next it’s weekly lows. A small gain is a gain and I want it long term and if inwaite I could miss the bus
I am not trying to encourage anybody to sell I myself bought today as feel it’s a once in a lifetime opportunity I only ask question to see if other long time traders might have experience in these circumstances
No I though yesterday it would be 1.50min for today but after I seen more sanctions inc oil and putins retaliation and the share dropping massively before close it it drops again at it closes low to 45-50p then when ex is announced take the 37p off that price to get 5-10p remaining
Correct me if I’m wrong and mistake but the dividend comes off share price ???
I am hoping all goes well and final dividend is paid but we all know it can be pulled at anytime between ex div to payment date.
I am thinking out aloud please correct if I’m miles off the mark.
Positives Are it is a global company many huge cash sums with only small part of business in Russia,
Negatives has Russian exposure even if small, the coal side of business being sold off, Many sanctions inc uk and the u.s stopping buying oil, and putins retaliation I can see the Sp dropping heavily.
I hope I am wrong but If that is the case and it drops heavily say around the 40-45p mark minus the dividend of 37p taken off share price it will effectively be a 5-10p share
If that happens I can see the lse suspending it
The price is jumping all around.
Considering the dividend I would of expected the price to steadily increase.
It seems the company has us by the balls if they pay the dividend the share drops. If they don’t pay it still drops.
the company are in a win win situation while we all hope they will pay dividend many don’t think it will happen