rightwinger
Award Winning USMB Paid Messageboard Poster
- Aug 4, 2009
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These sanctions are not going away anytime soonThings were not looking good for Russia's largest companies this morning (3/2/22 as the Moscow Stock Exchange remained shuttered for the third day in a row:
Share Prices of Russia’s Largest Companies Drop to Pennies on the London Stock Exchange Today
"As of this morning, some of Russia’s largest companies are trading for pennies in London.
"As of 11:00 a.m. (London time), Russia’s giant energy company, Gazprom, was trading at 3 cents a share, a 99 percent decline from the start of the year.
"Russia’s largest crude oil exporter, Rosneft, was trading at 96 cents shortly after 12 noon in London.
"Russia’s largest natural gas company, Novatek, was trading at 61 cents at 11:30 a.m. London time.
"Novatek was a $238 stock in London at the beginning of the year."
It will get much worse