What makes this a good speculative investment? Dividends are not cumulative. Lack of long term history abiding rule of law in Russia. In addition, these quasi preferred shares are subject to a lot of arbitrary regulations by the company itself. Not to mention that Putin hates them. Where do these shares go from here in a 9 bill debt-laden company? I can't see them receiving dividends in a long, long time. It may take years and a lot of restructuring before they ever get any money given potential covenants tied to the debt... Without divies, where's the value? Last but not least, Justice family appear to be net sellers here. And they own a chunk!
These preferred shares have nothing "preferential".
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM