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Reading the RNS it looks as if it's over here. There will be a fire sale of some great assets. I wonder who will pick them up
I missed the chance to sell and buy back today. It crossed my mind, but I persuaded myself that it had further to run to align with POG and busied myself elsewhere. When I left - £4-ish. When I came back - £3.15-ish!
I suppose I'm now hoping it will retrace further and afford a chance to top up low.
Given the latest Russian Capital outflow controls, Poly should use the dividend to snap up POG on the cheap.
Polymetal International plc
Important notice regarding FTSE exclusion
The recent exclusion of Polymetal shares from the series of FTSE equity indices does not impact the ?ompany's listing on the London Stock Exchange (LSE). Trading of POLY shares on LSE and Astana International Exchange (AIX) continues.
Thanks
There is an item under Poly Share New on this page that says it's being delisted. Are you saying that this is wrong? Not deramping just asking a question.
Does this mean we wont be able to trade them after 21st?
I agree with those three, although I think the Russians may also want no EU membership as well which may be a sticking point. For the removal of sanctions the West may also want recognition of Bosnia and Kosovo which will be difficult for the Russkies since it will upset Serbia.
I think any thoughts of a quick killing here can be laid to rest. We are in for a long haul.
The "stick" of sanctions and arms from the West has been effective. If the Russians are looking for a face saving get-out lets hope we see the "carrot" of a promise of sanctions removed.
"There are still likely to be institutions selling for 'ethical' reasons; that overhang is likely to limit any massive rise"
Yes. In that regard it is different from POG
I first started buying into these yesterday. I think I might have gone a day or two early.
If it was about their inability to sell Russian gold them POG would be going through the floor. It isn't.
Even less brave £10k at 182. I notice I can now buy in real time.
The inability to trade in real time is holding this share back today. This might be a consequence of yesterday's suspicious spike. If this clears we might see it catch up with POG and EVR.
He could nationalise POG, as its assets are in Russia, but not EVR as around 70% of their assets are outside Russia. Although if he hasn't totally lost his grip on reality he will envisage a day when Russia will want to attract foreign investment, and will therefore be reluctant to do it.
I just picked up a few. I was a long term holder before selling out towards the end of 2020. This is purely a roll of the dice. It could double today, it could go to zero today.
Tough day.
Working its way down towards my re-entry point - 20p
10 million PLUS getting rid of the loan guarantee millstone.
We may have seen the bottom of POG's share price.