Shares of the Russian Internet holding Mail.ru Group fell in price on the London Stock Exchange (LSE) over the past month by more than 20 percent, to $35 per GDR (depository receipts, which are the equivalent of shares). newspaper writes about this The Kommersant .

As the newspaper points out, on January 17, the price of Mail.ru Group securities reached its maximum after the IPO - $44 per GDR. In November 2010, Mail.ru Group placed shares on the LSE, earning about a billion dollars for a 17 percent stake. Initially, the company's shares were offered to investors at $27.7.

Mail.ru Group itself told the publication that it has no right to comment on the quotes of its own shares. Analysts interviewed by Kommersant believe that the investment funds that participated in the holding's IPO may now, for some reason, be selling off its shares and, not finding buyers, are reducing the price of the securities.

At the same time, the assets in which Mail.ru Group itself invests are growing in price. Thus, the collective discount service Groupon rose in price from 1.36 billion to 4.75 billion dollars in less than a year, and the market value of Facebook reached 50 billion dollars. In mid-2009, the social network was valued at 6.5 billion.

Mail.ru Group is the new name of Yuri Milner's Digital Sky Technologies holding . The group controls more than 99 percent of Mail.ru shares. The holding also owns the social networks Odnoklassniki.ru and VKontakte , the HeadHunter portal and the ICQ messenger, as well as 2.4 percent of Facebook shares and the DST Global holding's share in the collective purchasing service Groupon and the online games manufacturer Zynga.

Mail.ru Group shares fell 20 percent in a month