Polo Resources Share Discussion Threads

[888icb] 02/6/2020 14:04

Let’s have a quick reminder that our most valuable investment had a good day today UP 15%. Still way off its highs but I don’t think even our most vocal Tang haters could hold him responsible for the collapse in the oil price. So our 8.75% holding is currently worth circa £14.7 million when the current market cap of Polo is £8.5 million.

[johnnyrambo1] 02/6/2020 13:12

Every companies held by polo are losers for their shareholders

[russman] 02/6/2020 09:51

Has Tang ever sold any Polo investment before. 10 investments and no sales to date.

[johnnyrambo1] 01/6/2020 20:37

A must watch hTTps://en.wikipedia.org/wiki/The_China_Hustle

[russman] 01/6/2020 16:24

Cash is very low Have to start "liquidating" some investments very soon. Doubt anyone will give Tang more capital to fuel his gravy train.

[johnnyrambo1] 01/6/2020 09:55

How many more years life left??

[russman] 01/6/2020 09:37

Even given you a clue with the typo. DAIM. Maybe "WE" should change your spell checker.

[russman] 01/6/2020 09:08

So GCM extended Tang's 7m share options @11p. Obviously looking at further options to incentivise senior management. Surprised Tang has not awarded our Bod more Polo options at a lower strike price.

[johnnyrambo1] 31/5/2020 09:03

He must love playing russian roulette

[russman] 31/5/2020 08:06

There was a long term plan but Tang only has the short term now. Shareholders should voice their opinions; again, again, again, agm. Tang is isolated in his ivory tower; that is his weakness.

[barnetpeter] 30/5/2020 21:48

Administrative & Exploration expenses (2,263) against a mkt cap of 8.5 million. The company cannot possibly cope with such costs long term.

[johnnyrambo1] 30/5/2020 10:00

They just don’t give a s... about shareholders

[russman] 30/5/2020 08:59

Your assumption would be correct. There is a link - Tang. The correlation between Polo and GCM share price is very high. Tang has "corrupted" Polo for his own material gain. GCM may be very exposed when the tide goes out.

[johnnyrambo1] 30/5/2020 08:39

Tick tock 40p 2p....says it all

[glavey] 29/5/2020 21:00

"The assumption 'would be' that there is a link..." Really?

[johnnyrambo1] 29/5/2020 19:44

Higher activity with 480,073 shares traded?? Stop it. Next week or the week after maybe or maybe later 😂😂😂

[888icb] 29/5/2020 17:29

There has been higher activity than usual at GCM and Polo in recent days but as yet there has been no news from either company. The assumption would be that there is a link and Polo is certainly a good way to get exposure to GCM. It will be interesting to see if any news is released next week.

[russman] 29/5/2020 16:53

Someone is playing the bid. Odd price at the death. Could it not wait until Monday.

[alco] 29/5/2020 15:17

MMs seem quite keen to take stock. Hopefully they have heard a whisper of good news coming soon.

[johnnyrambo1] 29/5/2020 14:01

A long way to 40p still....

[888icb] 29/5/2020 12:35

Polo is having a second day of better volume. I think the 2% down is just a result of the wide spread. 681000 so far. Interestingly a guy on another board said he hadn’t been able to buy the GCM he wanted this morning so he bought 40000 Polo at full ask. The only 40000 trade is showing as a sell so it is highly likely that all trades have been buys based on that price.

[johnnyrambo1] 29/5/2020 10:45

And polo down...