"Pole" will be redeemed by a third of the shares: why it guarded investors

The largest Russian gold industry entrepreneur "Pole" declared on July 7 repayment of own actions at the price one third higher market. Papers of companies flew up for 15%, however then quotations fell when repayment details became clear. What guarded investors? As "Pole" the Gold miner will redeem shares declared that intends to redeem to 29,99% of shares (to 40,8 million pieces), being in free circulation. "Pole" established the repayment price in 14 200 rubles for one action — it on a third exceeded a stock price at PUBLIC JOINT-STOCK COMPANY MOSKOVSKY EXCHANGE on closing of auctions on July 7. "Daughter" of the gold miner — "The Pole will acquire shares...