Why "Uralkali" stocks PUBLIC JOINT-STOCK COMPANY "URALKALY" trade below the repayment prices

Shareholders PUBLIC JOINT-STOCK COMPANY "URALKALY" at extraordinary meeting made on December 18 the decision on leaving from the Moscow exchange. Discordant and not voting will be able to sell actions 16% higher than the current price at the exchange, but sell much cheaper. Carrying out delisting (procedure of the termination trades actions at the exchange), company is obliged to redeem shares of investors which voted against this decision at meeting of shareholders or did not vote in general. The price of repayment is defined as maximum of two options – the average price for the last six months (pays off the exchange) and counted as the independent appraiser...