Polo Resources Share Discussion Threads

[jamesss1] 12/2/2019 09:56

Mattboxy the million dollar question

[shawzie] 12/2/2019 09:38

alpal2
What makes you think that Greenwood is selling out?

Major Shareholders

The Company's issued share capital consists of 311,789,151 Ordinary Shares of no par value (last updated 7 February 2019).

The Company does not hold any Ordinary Shares in Treasury.

As of 7 February 2019 the Company is aware of the following persons who hold, directly or indirectly, voting rights representing 3% or more of the issued share capital of the Company to which voting rights are attached:

Name Percentage of Issued Share Capital
Mettiz Capital Ltd 12.58%
Perfectus Management Ltd 10.37%
Nicholas Greenwood 4.3%
Armstrong Investments Ltd 4.30%
Ingalls & Snyder LLC 3.29%
Stirling Enterprise Ltd 3.15%
Percentage of shares not in public hands

The percentage of the Company's shares not in public hands is 22.95%.

There are no restrictions on the transfer of the Company's AIM securities. Polo's shares are publicly traded on AIM (stock ticker - POL).

[beergut] 10/2/2019 09:21

Trader 365I have had the shares from a lower price, and the fact a billionaire has taken 20% is a reason to keep holding them. My question is, does anyone have any info regarding Zinc, Graphene and new battery technology.

[mattboxy] 10/2/2019 08:54

A genuine questionWhy are these valued so lowly by the market? I've not seen such a variance in any other company to NAV Does anyone know?Are the assets viewed as too volatile (GCM) 25% of NAV just doesn't make sense but the gap never seems to close

[beergut] 09/2/2019 17:55

Storming NormWhy graphene for batteries. I hold DCTA and a billionaire Invester has just taken 20% in it. I know he is working on Zinc Air batteries, but couldn't find a link to the graphene he may need to make the batteries work.

[storming norm] 09/2/2019 17:44

Boss manFor lithium BCN have bucket loads - they will come good in next 2 years.However lithium may not be the way forward.Consider Vanadium - BMC and graphene VRS

[russman] 09/2/2019 16:33

Polo has been "cheap" for years.
Tang needs to start strategic missions now.

[bossman1978] 09/2/2019 13:52

Has anyone any ideas for good lithium miners?

[badger010776] 09/2/2019 09:08

I love that 888! 'Polo is low risk way to get into GCM.' I'm wondering how I got into this situation whereby I'm checking advfn on an almost hourly basis for the last 5 years purely to see if my seriously underwater POL holding may come good. Fond memories of 5p special dividends but my thoughts are that POL now is anything but low risk! GLAH!!

[frrinvest] 08/2/2019 20:27

Been in POLO and GCM for a long time. Hopefully our time is near.
Yes, deffo undervalued.
Best Wishes.

[888icb] 08/2/2019 18:07

Polo has other investments and is trading at a massive discount to its last stated NAV per share of 15.70p. GCM at its current share price accounts for very little at present but due to Polo ‘s large shareholding in GCM if GCM comes good it will have a dramatic effect on Polo’s NAV.
Polo’s current star investment is Hibiscus Petroleum which accounts for more than double Polo’s current share price There have been no unusual developments at Hibiscus recently.
Polo could rerate at anytime to reflect its big discount however with the current interest in GCM any current major movements are most likely to be GCM related.
Polo is a very low risk way of taking exposure to GCM.

[philjeans] 08/2/2019 17:59

POLO shares worth 15.73p so STILL DIRT CHEAP!

Miles to go.

[cambradjones] 08/2/2019 17:29

New to this thread but came over as a result of polos good finish tonight and the fact it could be gcm related.Could the big gap up at the close be a result of something else polo related ?Dont know what else polo has interests in.Thanks.

[spights] 08/2/2019 16:59

Yehaaaaaaaaa

[888icb] 08/2/2019 16:52

After being very quiet all day with 25000 volume Polo goes ballistic in the final few minutes of trading with 100000 share Buys to take the volume to 650000 and put Polo 3rd on the leader board UP 24%.

[philjeans] 08/2/2019 16:21

eh up lad - summat's 'appening…R30;……..

[alco] 08/2/2019 16:20

Very nice move up!

[888icb] 08/2/2019 15:23

He may have a finite amount of money he wants to commit to the Polo/GCM scenario. The money he switches to GCM if it comes good will give him a better return than leaving it in Polo. Polo gives much lower risk exposure to GCM because at the moment GCM does not form a significant part of Polo’s NAV. Let’s see if Polo converts its loan to GCM into shares at 11p. Personally I have held both Polo and GCM for a number of years.

[alpal2] 08/2/2019 09:40

888: Maybe you're right but if you hold as many Polo shares as Greenwood then I think you have a better idea than minor punters [like me] as to what's going on.

If I 'knew' that GCM was going to come right soon, I would be buying GCM but wouldn't be selling Polo.

[888icb] 07/2/2019 16:38

Perhaps Greenwood is selling some Polo shares and acquiring some GCM just like Polo. It would certainly make sense if you expect GCM to come good.

[mister md] 07/2/2019 11:19

.. and at 25% of NAV ? Perhaps POL should dispose of some of their holdings rather than look for further investments ...

[alpal2] 07/2/2019 09:42

Disappointing that Greenwood is selling out. Obviously lost faith in Tang.

I am one of the suckers who bought / held Polo based on the hope that Tang would unlock value.

Even if GCM comes good I have seen nothing from Tang as to returning value to shareholders.