102214538OPyeephuang:
I have called black rock. Currently, nav didn’t include the securities and gdr, and adr value as all of the securities cannot be sold due to finance sanction.
102214538OPyeephuang:
If they success to sell out the securities (which listed in mosco exchange) with current price in Rube, and exchange back with exchange rate 1usd:59.5 rube, the money we can get back will be 15-20 per unit.
Big Stonk Lord102214538OP:
I don’t think so. The ADRs all tanked about 80%. The MOEX values are all inflated because nobody can arbitrage them.
Blackrock won’t be the only one trying to run for the exit so if their fingers are not fast enough they may end up selling at 100 rubles to 1 usd. Btw, have you seen the actual prices at the MOEX for many of the stocks? Gazprom was around 320 rubles per share before the invasion. It’s now 180 rubles per share.
Big Stonk LordBig Stonk Lord:
And to add on, that is already the price where people are prevented from selling. So you can probably expect something lower than that if trading resumes.
yeephuang : I also want to know ...
Big Stonk Lord : Maybe if you are lucky you can get double of that amount as the last NAV was $0.07.
102214538OP Big Stonk Lord: Don’t give rubbish comment
102214538OP yeephuang: I have called black rock. Currently, nav didn’t include the securities and gdr, and adr value as all of the securities cannot be sold due to finance sanction.
102214538OP yeephuang:
102214538OP yeephuang: If they success to sell out the securities (which listed in mosco exchange) with current price in Rube, and exchange back with exchange rate 1usd:59.5 rube, the money we can get back will be 15-20 per unit.
Big Stonk Lord 102214538OP: I don’t think so. The ADRs all tanked about 80%. The MOEX values are all inflated because nobody can arbitrage them.
Blackrock won’t be the only one trying to run for the exit so if their fingers are not fast enough they may end up selling at 100 rubles to 1 usd. Btw, have you seen the actual prices at the MOEX for many of the stocks? Gazprom was around 320 rubles per share before the invasion. It’s now 180 rubles per share.
Big Stonk Lord Big Stonk Lord: And to add on, that is already the price where people are prevented from selling. So you can probably expect something lower than that if trading resumes.