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Oh I guess I didn't realize that Russia re-opened their stock exchange. Does anybody actually trade on it? Also > 1800 roubles/share This is nearly worthles
by VWWHFSfQ 5y ago
Oh I guess I didn't realize that Russia re-opened their stock exchange. Does anybody actually trade on it?
Also
> 1800 roubles/share
This is nearly worthless
- krab 5y agoThe ban on selling shares by foreigners is probably still in place. So the price might be somewhat overestimated.
- repsilat 5y agoRussians trade on it. Maybe they do have an overly rosy view of the company's fortunes, I dunno -- I don't know much about their business, how sensitive it is to the conflict and sanctions. The stock price movement is easier to reason about, I guess. By that metric they've had a worse year than Salesforce, Netflix, Uber, Google. I'd agree that the conflict isn't good for them, but "worthless" is a bit strong for my palate.