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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 0.0% 1.57 1.15 1.99 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -3.3 -1.1 - 6

Polo Resources Share Discussion Threads

Showing 16801 to 16822 of 17650 messages
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DateSubjectAuthorDiscuss
13/8/2020
21:45
Of course Dattels and Mellon did very well getting out of this
johnnyrambo1
13/8/2020
21:18
dattel's did well getting rid of this at the right time (40p!!) shame it brought about the start of the tang dynasty & our company being milked to a long drawn out death. Hopefully he gets some serious karma in future ...
badger010776
13/8/2020
21:12
Well it cost me 11 dollars to find out the info and 20 mins of searches to piece a couple things together. I know all I needed to know.Good luck everyone with your future investments. I dont need to post on polo or gcm anymore.
apfindley
13/8/2020
18:57
If Polo was to call in its GCM loan & precipitate administration. That would be a big write off for all GCM equity shareholders. That would also be the end of Tang as a Director in the UK. Tang will maintain GCM's listing. So Tang gives them another loan and takes it out as "expenses".
russman
13/8/2020
17:18
Polo YTD return -70.00% Absolutely amazing
johnnyrambo1
13/8/2020
17:13
Smoking gun and what might that be?
spights
13/8/2020
17:05
Which false information???????????
johnnyrambo1
13/8/2020
17:05
In response to suggestions from the usual suspects that Polo is worth nothing let’s see what Phronimos think it’s worth: So looking on Phronimos website (if you can call it that) see correspondence below which at the time they thought we could get 10-12p per shareholder , see the doc for full details, so they too have seen significant value here way over the share price. 'Extract below' Return capital to shareholders via a tender offer at 12p per share The persistently large discount of Polo’s stock price to net asset value precludes shareholders from realizing anything remotely close to its fair value through open-market transactions. Consequently, we believe the next logical step to protect and unlock shareholder value entails a tender offer at 12p per share. Funds for the return of capital can be sourced from a complete or partial divestment of Polo’s successful investment in publicly listed Hibiscus Petroleum, which is currently worth roughly two times Polo’s market value. For instance, the sale of a mere one-third of Polo’s stake in Hibiscus at current prices would allow the company to repurchase 20% of the shares outstanding at 12p—a price that should be accretive to NAV (currently 15.5p) while simultaneously rewarding shareholders with a buyback at a roughly 200% premium to Polo’s current stock price. We believe there will be broad shareholder support for a significant voluntary cash tender offer or buyback. Should the significant gap between market price and NAV persist, additional capital should be returned to shareholders in the near term via buybacks, tenders offers, or in-specie distributions of Hibiscus shares. So the people attacking Tang think it is worth 10p to 12p per share.
888icb
13/8/2020
17:00
Some useful reminders that have been posted on the other board. Firstly the response to the allegations from Sam John and Phronimos: From 21st Feb 2020 RNS. The Board advises that false information has been disseminated by Phronimos Capital LLC ("Phronimos") and its principal, Mr. Sam John. In particular, the Company categorically refutes all allegations of impropriety or wrongdoing implied by Phronimos and its principal relating to the transaction announced on 6 February 2020 involving the Company's subsidiary, Polo Investments Limited, and Dyani Corporation Limited, and reserve all rights in regard to this matter. The Board is seeking legal redress against Phronimos and Mr. Sam John to protect the interests of the Company. All allegations refuted and legal action to be taken.
888icb
13/8/2020
16:46
Also today I found the smoking gun that links a certain known person to the owner of Dyani corp. Its all there is dyani's history. I'm now more certain than ever that my thoughts about ownership(link) could now be proven correct.
apfindley
13/8/2020
16:42
Exactly polo doesn't need a listing. It can still own a huge slice of gcm shares, or own the assets of gcm if polo calls in their loan notes.
apfindley
13/8/2020
14:23
12 years of BS 888 is not enough for you. Having seen the price plummeted month after month, year after year???
johnnyrambo1
13/8/2020
14:19
Oh no it doesn’t As you have turned this bb into a pantomime
888icb
13/8/2020
14:07
Once again share price says it all.
johnnyrambo1
13/8/2020
14:03
I don’t think you can destroy a company but the point that should concern you is that it is clearly your intention to do so. It is your intent which will give you the problem.
888icb
13/8/2020
13:44
POLO RESOURCES LTD - Delisting - New Corporate Action Notice Available in my in box email this am
mrshaungcm
13/8/2020
13:41
Tang will be re-elected or there would be no AGM. Tang has already looted Polo, nearly finished at GCM. Tang does not need a listing for Polo anymore.
russman
13/8/2020
13:41
That is where you are absolutely wrong as the share price doesn’t say it all. The value of Polo is far higher than the share price and has been for years. The problem has been how to get the share price to be closer to the NAV. The very distasteful attacks on Tang and Polo by the multiple names used by Apframbo are intended to destroy the share price of Polo and GCM. They spend so much time on this that one wonders what their motivation is. It is certainly not assisting any shareholders and they should be mindful of the potential legal actions that can be taken for breach of the relevant legislation.
888icb
13/8/2020
13:37
Polo had half a million dollars cash last year end. The annual cash burn $2m. Polo has to raise cash selling, loans or collecting receivables. Or it could pay in shares but the dilution would be huge to us.
russman
13/8/2020
13:14
And the share price is shixx.... If the company was worth something the share price wouldn’t be plummeting as it is SP says it ALL
johnnyrambo1
13/8/2020
13:10
Are there any new allegations since April 2020 and constant repetition of Old allegations doesn’t count as new ones.
888icb
13/8/2020
13:10
Micheal Tang if the rumours you are all spreading were true. He would be in serious breach of his duties.I would be careful accusing him until you have positive proof. A lot of people read these boards Polo has 2 listed companies and other assets and cash. Read this and we are trading at 1.20 p unbelievable Prism on its own Financially is worth a lot to us shareholders hxxps://www.prismdiversified.com/resources
spights
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