Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
38% down but still >£4mm traded and still trading at 3.4p ....
£4mm traded on Moex now at equiv of about £0.03p- 117mm shares - thats ~10% ish of yesterdays company value ??
WHAT IS HAPPENING !!
irrelevant in grand scheme SimonPie but 2.5 x 0.014 (roub/gbp) is 3.5p ? where do you get 1.8p - as say by the by as opposed to nit picking
and now bouncing MOEX -30% now - still equiv 3.6p would give right arm for that price...
no clue "A request is also proposed to be made for the cessation of trading of ordinary shares on the Moscow Exchange in due course and for the suspension of trading of the US$500 million 8.125% guaranteed notes 2022 issued by Petropavlovsk 2016 Limited the "Notes") from the Irish Global Exchange Market."
meanwhile 103mm over £3.5mm worth traded today.... something is up - who on earth is hoovering all these up
As mentioned admin is NOT liquidation an there are $1.6bn assets and the GROUP has net assets of $673mm [company net liabilities $84mm]
92mm traded MOEX now... "bouncing" only down 34%.... soooo whiffy
so wtf happening - 86.94mm MOEX trades traded (investing dot com says) - call them average at 2.5 (most much higher, high of 3.75) thats the equiv of £3mm ??
for a company in admin that was prev worth £49mm ?? thats ~6% of YESTERDAYS market value before administration
WHO ON EARTH IS BUYING AND WHY !!!
obvs MMs not stupid, they buy cos they have an order or a buyer, else they step back and watch go to nada
and still trading over 3p equiv on Moex...
2.28 on Moex now down 39% - can see it on investing dot com or the like POGR...
and still trading at 2.9 on MOEX which is equiv to about 4p...
as at 30 June 2022, the Company had assets (listed at book value) amounting to approximately US$1,619 million; liabilities (including contingent and prospective liabilities) of US$1,703 million; and net liabilities of US$84 million. Meanwhile, the Group had assets (listed at book value) amounting to approximately US$1,675 million; liabilities (including contingent and prospective liabilities) of US$1,002 million; and net assets of US$673 million, all as at the end of May 2022. I am not aware of any material changes in assets or liabilities since that date.
So company has net liabilities $84mm and group has net assets of $673mm ? "at book value"
meanwhile the DOG on the MOEX up 5.85% this morning which is just over 5p... sigh
I'm not sure its entirely different Yuri - still no question / mention of how if / where / to whom there is any sales of the known produced stockpiles of gold, how much cash is on b/s etc - is it still restricted in payments etc.
Same old jumble of minimal few words, and lots of insufficient info and blanks etc etc
mornington the ask is almost irrelevant - its like last night on "million pound PAWN" [via gogglebox obv] some idiot wanted £3mm for some paintings (ask price)... experts valued them at about £3k (bid price)... he was such a bell ....
instead of normal witter / slating of the morons on this board - I just popped this onto the (empty) EVR chat
Heres a thought - the greased piglet is thankfully surely hours/days from being ejected and some sanity / integrity possibly resumed in the gov, and one would assume that any lackeys sticking by him (Truss) will be first for the chop. Given this and the increasing recession / inflation / war fatigue / concern energy and nat resources - might this be a complete change in view on sanctions etc given the absolute lack of impact on suspending EVR and selling Moex shares and the like ???
and unless I'm wrong Law him and his crooks havent "stolen" it... yet...
ooooh bouncy bouncy up to 1.3 (shame I own at 2.7 odd)
strukov reached 29% by 17th june and completed 30th june - how does that work ???
I was literally about to ask if someone had to notify if holding was via Moex (ie is it the same rules and regs) as LSE AIM ....
all agreed - "apart from the price" was last update...
SO little adds up with this share - market today is effectively 98/105 despite moex down 7%, its obvs not PI nor MMs (no incentive) who've been supporting and hoovering up shares for the last - what - month and half or so since last RNS ??
Literally clueless (more so than usual) but still think that something is afoot and being sat on a large pot of gold can't be the worst spot to be in...
i know all markets getting hosed today - any particular reason moex specifically down 6.25% ?