loco_mango

Diamonds-Alrosa

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MOEX:ALRS   ALROSA
1)Leader in diamond production
27% market share in global diamond mining
2)Shareholder Structure
33%-Republic of Yakutia
34%-Free float
33%-Russian Federation
On average, 90% of all stocks move down with the market, and 75% move up.
The wave principle applies to some extent to individual stocks, but counting waves for them is often confusing and does not have much practical significance. But since 33(66)% of the shares are owned by the state and the company has large capitalization, we assume that the state of Alrosa shares depends on mass psychology(Also ALRS - 1,90% of RTSI).
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