Calm on Deck19 Feb 2022 08:34
Morning All
Looks like the worst of these weather storms have passed ,hope all didn’t sustain to much damage.
& let’s all hope the arranged meet with the skirmish chiefs is productive & de-escalate this chest puffing .
Stock markets will be nervous until these sabre rattling vipers are straightened out .
Anyhow , Stock didn’t have a great week as expected
Stock price 20 & touched 19.5 @ the low .
However just to put into context
Stock price October 26th 21 - price - 19.5 p
Stock price nov 20th 21 - price 29.5p
Stock price Dec 13th 21 - price 19.5 p
Stock price Jan 17th 22 - price 29p
Stock price Feb 18th - price 19.5
Look at the 6 month stock chart clear as day , trading cycles whilst we await the asset sale conclusion.
Yes the stock market has Ukraine effect to cope with now & always risks investing , however these trading cycles occurred long before Ukraine was mentioned & the stock visited 20 three times in 6 months .
Just saying it’s not all doom & gloom .
Stock on loan/ shorts have increased in keeping with the Ukraine escalation
30.2 million currently - however dropped 509k this week
Number of loans high in % to the total so likely many small shorts hedging against large longs due & perhaps some gamblers betting on war to make a buck # Toxic saddos .
Cost to borrow is rising 3.3
Days to cover is risky @ 3 - 4/5 days to buy back stock in current volume.
Current ii stock holdings - top 20 only
Stock 68.5 million- increased in Jan 1 million
Funds 59.6 million- increased in Jan 1 million
Anders U.K. - added in Jan - holds 29 million ish
VanECK added 600k in Jan - hold 5.1 million
BOD hold 21% stock
The BOD issued a superb RNS last week noting the current tensions
. As announced on 8 February, we are making good progress despite the current geopolitical context and a separate announcement will be provided. Contrary to speculations, the Directors and the Officers of Eurasia have not sold any shares and, as the largest shareholder group, are focused on the liquidity event along with all shareholders".
& don’t forget
USA ii in twice @ 26.5 for $40 million & wanted more
These will have sat down & wanted to know exactly what they were investing in .
Also noted in the recent RNS
‘ as we work hard with DLA Piper and our other legal advisers ‘
As we have previously been informed DLA Piper , UBS negotiating best deal for stockholders ,
perhaps approaching final legal papers being shuffled .
# strategy will be successfully concluded
# Green Energy Boom
# Liquidity event incoming for all stockholders- Divi
Saturday Full English & Rums all Round