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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 16951 to 16972 of 17650 messages
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DateSubjectAuthorDiscuss
20/8/2020
08:22
Delisting is on the way?? Tick tock tick tock
johnnyrambo1
20/8/2020
07:21
888ICB is still the "Pravda" of Michael Tang. Amazing- when Polo delists I suppose he will continur to praise his skills. Oh well-to all the investors who doubted Phronimos, you got what you deserve.
chevalierdaven
20/8/2020
07:02
It depends on your perspective. Malaysia is not so far away from where I am sitting. I agree that many individuals connected with AIM have poor reputations, but I know of none, other than Datuk Michael Tang, who features regularly in the Malaysia Tatler. Of course that alone is not a guarantee that this will end well for small shareholders, but it would be not unreasonable to hope that his concern about his reputation and "face" could help to steer matters to a fair and "honourable" outcome. Of course your opinion is as valid as mine, and events could prove you right and me wrong. Let's see.
up4itt
20/8/2020
06:23
Up4itt, "Tang has social status and a public profile in Malaysia and he would not be so stupid as to expose himself..." Malaysia is a long way from here, as anyone wishing to participate in the AGM will be rather aware. There are any number of individuals who have gained a poor reputation in respect of their activities on AIM. I don't know of one who could 'give a toss', even those that reside much closer to home.
glavey
20/8/2020
05:27
More reading from Polo's QCA policy which Polo agreed to adhere to per AIM Rules 2018. 9. Maintain governance structures and processes that are fit for purpose and support good decision-making by the board The Chairman & Chief Executive Officer is the leading representative of the Company presenting the Company’s aims and policies to Shareholders. His responsibilities include taking the Chair at Board Meetings and General Meetings, where he is responsible for ensuring the appropriate supply of information.
russman
20/8/2020
04:22
Well, JR, I suppose copying and pasting from Google translate the equivalent of “nothing”; in different foreign languages kept you amused for a couple of minutes. It made a change from your imitation of the crocodile in Peter Pan, although “tick tock” summed up more aptly the reptilian nature of your contributions to the discussion.
up4itt
20/8/2020
03:52
mickmack, You must pay attention to what you write. You asked 'do I think' [16884] and to that I gave you an answer as to what I thought (and this same point I make to 888 with his fatuous comment [16893] who it appears can't read either). Did or did not Allenby conclude that another independent NED should be appointed? Has or has that not happened? Now when it comes to providing answers you, mickmack, have provided none. You evade so doing by oft supercilious retort. Similarly 888 has always avoided saying if he holds a significant position to back up the volume of generally highly bullish and subtly promotional postings he makes here.
glavey
19/8/2020
23:26
No project, nichego, nada, nothing, Méiyǒu, niente, ingenting, .....
johnnyrambo1
19/8/2020
22:19
PHULBARI MINE and Power Plants. Pay attention.
888icb
19/8/2020
22:06
The Tang plan as with Dattells before him is to get the green light at Phulbari and reap the rewards from GCM’s shareprice when that happens.
888icb
19/8/2020
21:29
The plan is to continue to cash salary and bonuses
johnnyrambo1
19/8/2020
17:43
My prediction - Tang will be confirmed. Nomad will be confirmed. Price will bounce back up. News will come on GCM. The end justifies the means. And we will never have to read the daily repetitive vomit of the UsedJohnny again.
mickmack
19/8/2020
17:16
I do think you have a good point about the possibly unexpected consequences of the Nomad situation being used as leverage on the shareholders supporting Phronimos as a delisting would put them in a very difficult position just as it would the rest of us. I think you are right that Tang will remain as a Director and that a new Nomad will be appointed. They have one at GCM and they haven’t resigned. So if the agm confirms Tang’s reappointment we could see a Nomad announcement very quickly after that.
888icb
19/8/2020
16:24
I doubt if the original plan was to delist, but delisting could be the unintended consequence of the concatenation of events that has unfolded before and since the adjourned AGM. I agree with Big Frankie that the threat of delisting is quite possibly now being used as leverage. I also doubt that Tang has broken any LSE rules; but he may well be sailing close to the wind and the NOMAD prefers not to be a party to that. Tang has social status and a public profile in Malaysia and he would not be so stupid as to expose himself to legal action. Therefore the most likely outcome on Friday will be a strengthening of Tang’s position and it remains to be seen whether the company will be delisted. I don’t think the smaller shareholders will be left with nothing and there is a reasonable chance that a compromise will eventually be forged. I’d say that, taking account of all relevant factors, a realistic target price for the shares, if all goes well, is around 4p-6p, and probably closer to the lower figure. This is less than the NAV of the company, but the shares will always trade at a substantial discount to NAV.
up4itt
19/8/2020
15:55
Friday, tick tock tick tock
johnnyrambo1
19/8/2020
15:51
I am no longer invested here having previously had a large holding which benefited from both the special dividends. I agree wholeheartedly with up4itt in the post above and would add that the possibility of delisting maybe being used as a lever.
big frankie
19/8/2020
14:31
The NOMAD very probably resigned because he (1) he was unable / unwilling to compel public disclosure of the Perfectus shareholders agreement, which would have revealed the relative shareholding power of all shareholders; and /or (2) he was unable / unwilling to justify the allegedly related party transaction whereby an agreement that grants supernormal voting rights to Mettiz Capital over shares in excess pf 10% of the issued capital of Polo; and (3) the Outgoing Chairman (Tang) most likely intends to issue shares to friendly parties (Dyani) in an effort to increase the voting rights of those who will support his views. The market clearly believes this version of events – hence the collapse in the share price since 31st July.
up4itt
19/8/2020
13:29
Are you invested in Polo Russman?
mickmack
19/8/2020
13:21
Polo have never revealed the votes on previous AGM resolutions. Friday will be no different.
russman
19/8/2020
12:43
Where's Glavey gone? 😀
mickmack
19/8/2020
08:58
1.12p -7.05%
johnnyrambo1
18/8/2020
22:56
“maintaining a dialogue with shareholders“😂😂 for sure
johnnyrambo1
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