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The fall followed a note from Investec which said the shares could be worthless.
A day after one broker argued that Glencore's shares could be worthless, the home team has leapt to its defence.
That's why everybody is watching to see if Russia comes on line more, because then our fields could be worthless".
Last week, MGIC and Radian disclosed that their investments in the subprime mortgage investor C-Bass could be worthless.
JJB also told shareholders that their holdings could be worthless, sending the shares crashing more than 83% to 0.39p.
Of course, those hard-fought gains, and the big ownership stake, could be worthless if Chrysler does not make it.
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That protection could conceivably be worthless if Lehman fails to pay up.
Such random, seemingly unwanted space could be virtually worthless.
He also received stock awards and options that were valued that year at nearly $2.7 million, but the company argued those could be nearly worthless after the bankruptcy reorganization.
As Professors Coyle and Polsky point out, however, in the typical situation, the target stock could be declared worthless in a year or two, generating a full deduction at that point.
However the possibility of further punishment against Russia has also been raised by a senior figure in winter sport, who suggested the results at the Sochi Olympics – where Russia topped the medal table – could be "completely worthless" because of doping.
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