It would make more sense to tap the markets now with American markets so volatile as well as inflationary pressures and cost of living crisis. Get money into the balance sheet before the slower winter season and share prices start retracing a lot further.
In the sector you normally find that when one raises extra finance it is followed by one or two others as they are all subject to the same pricing pressures. You only need to look at the current oil price to see there is turbulence ahead. If IAG do go down the same route as TUI then you would expect it about the £1 level.
You can't beat the robobot trading I'm afraid.
You need to let it fall for the customary 3 or 4 days and then when it settles you decide. Heading to 60p as things stand.
No trackers no depth to trading and the large spread makes it perilous. Profit is key.
Is buying when it has been gapped up.
There are always profit takers and shorters out there.
There can be no certainty and its still a war zone.
Doesn't sound like peace talk.
https://www.dailymail.co.uk/home/index.html
Many hurdles still to overcome in peace talks. Territory grab first by Putin for a land corridor in the East. Too early.
If you read the last lines of the RNS it states clearly that there can be no certainty as to outcome. Unlikely it will be allowed and would require consent in Russia to.
Then you have potential moex downside today and many sceptical on any peace talks success at this time. Just can't see the Ukranians giving up territory and Putin wants a land bridge in the east. Allegations of poisoning won't help either. To early.
Good shorting opportunity at Petropavlovsk and eyeing up Polymetal as well. They can fall just as quick as they rise.
I'm talking ten to fifteen percent off todays close here and it has a lot of catching up to do over on the moex having been closed since the start of the war.
Most stocks and commodities that have opened on the moex have finished down. Between 10% and 15% I read being the norm. Hope it doesn't open on the moex tomorrow for if it coincides at 8am with London opening then it could be messy.
52m ago
07:55
There has been some dampening of expectation ahead of peace talks from the Ukrainian side. President Volodymyr Zelenskiy has been widely quoted as hailing the new negotiations, saying he hoped they would bring peace “without delay”.
However, Reuters has just posted a quote from interior ministry adviser Vadym Denysenko, ahead of talks between Ukrainian and Russian representatives in Turkey, saying: “I don’t think there will be any breakthrough on the main issues.”
Source: The Guardian
Confused by the fall also. Maybe just the general market.
Have you not thought about going short yourself? might make more sense.
Last time I looked at his website the Naked Trader was shorting the share.
Seems like they have been capitalising again today.
I wouldn't worry too much about not being able to buy. It's more worrying when you can't sell.
I think you need to check where it does its business and what shareholding two oligarchs have in the company. Watch out for a coordinated sanctions package this faternoon.
If you are after a bounce there are far safer options elsewhere.
Was one of the Uk sanctions mentioned being the prevention of companies to raise fresh capital on western financial markets. That might account for recent falls.
I'm watching also for the sanctions that will be imposed.
I'm not surprised it is comfortably under £3.00 this morning. I'm expecting another days fall tomorrow as the countdown to Russia invading Ukraine draws ever closer. Wasn't Wednesday D-day according to plans the US has seen. Then if they do sanctions will hurt the share price even more.
The market hasn't wasted any time in taking this back to the placing price and letting the Board know exactly what it thinks of quick successive raises. The problem arises if the placees can't foresee getting their money back and sell short as a hedge.