The founders of Solagran are Russians, pretty much the whole company is in Russia. I just had a thought about why Solagran management have been so quiet, and it goes back to the times of Napoleon and Hitler:
In 1812, Napoleon invaded Russia with a massive army. The Russians didn't do so good on the battlefield, so they retreated, and anything they could not take with them they destroyed, a policy known as 'scorched earth'. In those days, supply lines for armies were not particularly good, soldiers largely had to sustain themselves by pillaging conquered areas. When the French reached Moscow, Russian saboteurs torched the city so that the army would have no shelter from the harsh Russian winter. From Moscow, Napoleon retreated, having lost something like half a million soldiers (more than 80% of his force) to hunger and the cold.
http://en.wikipedia.org/wiki/French_invasion_of_Russia
In 1941-44, pretty much the same thing happed to the Nazis.
So- my theory is, Solagran are not putting out any news, anything to buoy the share price, because this would benefit ANZ.
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- this is just how russians defend themselves
this is just how russians defend themselves
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