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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Polo Resources Limited | LSE:POL | London | Ordinary Share | VGG6844A1158 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.57 | 1.15 | 1.99 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
06/4/2020 09:16 | Director fees have been only 8000 dollars. Michael Tang has been getting $1 million dollars per year through Polo and GCM. (Including the stock option expense calculated on NAV, Michael Tang's annual compensation is closer to $2 million) The regulators must not approve the issuance of Polo shares to Dyani, which would double Michael Tang's voting power. | wiley123 | |
06/4/2020 08:35 | Polo won’t give any reply | solhuge | |
06/4/2020 08:29 | One of the biggest gripes that shareholders seem to have is the size of remuneration package M Tang receives from Polo and the fact that through loans to GCM he receives further remuneration from GCM. I am not sure if appointing John Chapman as an independent director would change the situation, especially if M Tang remained as chairman and CEO. Unless J Chapman could reduce the remuneration of M Tang, then adding him to the BOD as an independent director merely increases the amount of fees and expenses that Polo would have to pay. | shawzie | |
06/4/2020 08:29 | One of the biggest gripes that shareholders seem to have is the size of remuneration package M Tang receives from Polo and the fact that through loans to GCM he receives further remuneration from GCM. I am not sure if appointing John Chapman as an independent director would change the situation, especially if M Tang remained as chairman and CEO. Unless J Chapman could reduce the remuneration of M Tang, then adding him to the BOD as an independent director merely increases the amount of fees and expenses that Polo would have to pay. | shawzie | |
06/4/2020 08:03 | What a good news. Polo price not moving. Will go down shortly | solhuge | |
06/4/2020 08:00 | The good news for Polo this morning is that Hibiscus continues to recover and is currently UP 13.3%. | 888icb | |
06/4/2020 07:57 | I have read the full statement on the Phronimos website. It would seem they are encountering difficulties in getting a reconvened agm. They concede that due to the adjournment Michael Tang remains the Chairman of the Board but think that if the vote is conducted fairly at a reconvened agm Tang would not be re elected. They wish to propose John Chapman as an Independent Director. They give some general background info about him but don’t name companies he has been involved with or what his link is to Phronimos. I suspect they will struggle with their request for an agm by telephone and that this will drag on during the Coronavirus crisis. | 888icb | |
06/4/2020 06:46 | Phronimos Statement Re: Polo Resources Limited Electronic AGM and Nomination of John Chapman April 6th, 2020-Shareholders of Polo Resources Limited ("Polo" or the "Company") should be aware that Phronimos Capital, LLC has proposed that John Chapman, who we believe will have widespread support amongst independent shareholders of the Company, be appointed as an independent non-executive director to the Board of Polo. We are also calling on the Board of Polo to reconvene the adjourned AGM so that the vote on the re-election of Michael Tang may proceed without further delay and that this re-convened meeting be held by telephone conference call (as is permitted by Polo's constitution). The full text of our notice, which includes an update with regard to the corporate governance issues that we discussed more extensively i n our letter to shareholders dated | american idiot | |
06/4/2020 05:58 | Very opaque company, very opaques informations.... news about phronimos maybe....?? | solhuge | |
05/4/2020 12:55 | Perfectus is registered in Marshall Islands so not a lot of info. Net assets of 5m in 2014. For a holding in Polo & Blackham. Say net assets have shrunk to £1m (Polo 15p to 2ish) 2% is peanuts. Annual admin cost is probably higher. | russman | |
04/4/2020 15:19 | Correct russman and oust the ceo... | solhuge | |
04/4/2020 12:08 | An ideal opportunity to buy the 2% of Perfectus we do not own. | russman | |
03/4/2020 17:10 | The conclusion is that polo share price has been divided by 25 since tang bought it.....isn't it enough.... | solhuge | |
03/4/2020 16:03 | Polo last trade 1.60 25000. Polo closed at 1.655 down 7.2% on volume of 360000. £5982 changed hands today so I don’t think it’s worthwhile to try to draw any conclusions from that. Enjoy the sunny weekend and good to see Spights put in an appearance. | 888icb | |
03/4/2020 14:47 | Polo last trade 1.487p. 100,000. Down 16.69% | solhuge | |
03/4/2020 12:23 | But polo doesn’t follows the rise.... | solhuge | |
03/4/2020 10:06 | Oil prices up over 20# | spights | |
03/4/2020 09:49 | Hibiscus continues its recovery and closed 4.65% UP | 888icb | |
03/4/2020 06:58 | Or sell the assets | solhuge | |
03/4/2020 06:58 | He must be ousted or give up his massive salary | solhuge | |
03/4/2020 06:28 | Vote Tang out(again) Recruit a cheaper "strategist". | russman |
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