Polo Resources Share Price (POL)

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Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Polo Resources PLC	LSE:POL	London	Ordinary Share	VGG6844A1158	ORD NPV (DI)

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	-0.10p	-2.35%	4.16p	48,354	16:35:17

Bid Price		Offer Price	High Price	Low Price	Open Price
4.02p		4.30p	4.26p	4.02p	4.26p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining		-5.75	-1.85		13.0

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Polo Resources (POL) Latest News

Polo Resources News

Date	Time	Source	Headline
17/1/2019	13:43	ALNC	GCM Resources Signs USD3.5 Billion Coal Plant Deal With PowerChina
17/1/2019	12:24	UKREG	Polo Resources Limited GCM Resources PLC - Investment Update
16/1/2019	17:20	ALNC	Polo Resources Reports Rise In Oil Estimates At North Sabah Project
16/1/2019	16:02	ALNCF	Alliance News Flash Headline
16/1/2019	15:56	UKREG	Polo Resources Limited Hibiscus Petroleum - Investment Update
07/1/2019	11:10	ALNC	Polo Resources Investee Celamin Makes Progress On Tunisian Operations
07/1/2019	10:19	UKREG	Polo Resources Limited CELAMIN HOLDINGS LTD - INVESTMENT UPDATE
31/12/2018	10:57	UKREG	Polo Resources Limited NOTICE OF ANNUAL GENERAL MEETING
21/12/2018	11:17	ALNC	Polo Resources Assets Rise Despite Mixed Portfolio Performance
21/12/2018	07:39	UKREG	Polo Resources Limited RESULTS FOR THE YEAR ENDED 30 JUNE 2018

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Polo Resources (POL) Discussions and Chat

Polo Resources Forums and Chat

Date	Time	Title	Posts
19/1/2019	00:08	POLO RESOURCES	15,129
16/8/2016	17:04	FORGIVE ME IF I AM BEING STUPID BUT ...........	14
23/3/2016	19:00	Ban cadbury	-
05/3/2015	17:02	get your snout in this trough.	5
18/9/2014	10:29	please god make jocks vote YES!	-

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Polo Resources (POL) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2019-01-18 13:08:29	4.02	5,679	228.30	AT
2019-01-18 12:59:54	4.05	16,000	648.00	O
2019-01-18 11:58:22	4.05	5,000	202.50	O
2019-01-18 08:23:22	4.26	10,347	440.78	AT
2019-01-18 08:05:21	4.05	11,328	458.78	O

View all Polo Resources trades in real-time

Polo Resources (POL) Top Chat Posts

Date	Subject
18/1/2019 08:20	Polo Resources Daily Update: Polo Resources PLC is listed in the Mining sector of the London Stock Exchange with ticker POL. The last closing price for Polo Resources was 4.26p. Polo Resources PLC has a 4 week average price of 3.60p and a 12 week average price of 3.60p. The 1 year high share price is 5.40p while the 1 year low share price is currently 2.70p. There are currently 311,789,151 shares in issue and the average daily traded volume is 803,184 shares. The market capitalisation of Polo Resources PLC is £12,970,428.68. Read Full Thread Reply
18/1/2019 20:26	g0ldfinger: Hi beergut, “Net Asset Value per share as at 14 December 2018 was approximately 15.73 pence per share“ HTTPS://uk.advfn.com/stock-market/london/polo-resources-POL/share-news/Polo-Resources-Limited-RESULTS-FOR-THE-YEAR-ENDED/78935882 The subsequent rise in value of GCM has been mostly offset by a slight fall in the value of Hibiscus. I don’t know of any other significant changes since 14 Dec, so I reckon current NAV is probably still around 16p per share. Keeping an eye on Hibiscus warrants. The way they’ve maintained such a high price suggests to me that holders are expecting Hibiscus shares to be trading considerably higher before the warrants expire in 2021. Polo’s Hibiscus warrants and GCM convertible loans could seriously boost the NAV if Polo get the timing right. Read Full Thread Follow Reply
14/1/2019 19:42	russman: Tang does not seem to be taking any active steps to narrow the share price discount to NAV. Read Full Thread Follow Reply
22/12/2018 00:10	888icb: Share price 3.6p NAV 15.73p This is insane. The share price is at such a massive discount to NAV it makes no sense. Read Full Thread Follow Reply
05/12/2018 09:23	alpal2: NAV. Can anyone complete updated NAV if only for quoted shares: Number of shares / Share price / Total value GCM ??? Hibiscus ??? Other ??? Divided by Polo shares in issue = 330million? Spight, maybe you or other can help? Read Full Thread Follow Reply
03/12/2018 10:54	ceaserxzy: It should cash in some chips in Hibiscus and return some money to its rightful owners/shareholders, which should boost the share price and reduce the sky-high discount. Alternatively it should buy back shares. What new investment can offer it an instant almost 200% return by buying back its own shares??? Read Full Thread Follow Reply
04/10/2018 15:01	shawzie: Perhaps Polo Resources share price would be re-rated if it was moved from the Mining sector to the General Financial sector. Read Full Thread Follow Reply
02/10/2018 18:03	failedqs: Shawzie - Tang is rapidly recovering his investment outlay with his totally obscene pay and benefits package. I admit the NAV is looking healthy but given the record of Tang, shareholders will not benefit from this. Did they ever publish the new incentive scheme details?I sold out long ago but keep an eye on polo - it must be hugely frustrating for all long term holders to see the lack of share price action, but you have to ask why the market continues to apply such a massive discount to NAV - the conclusion is that "something is not right" Read Full Thread Follow Reply
02/10/2018 14:28	shawzie: "The Directors may propose a special dividend or implement share buy-backs from time to time but the objective will be to achieve returns to shareholders through the appreciation in the value of the Company’s shares rather than by means of distribution. There is no fixed term for the life of the Company." I cannot see any distribution of funds to shareholders until the share price allows Mr Tang to recover his investment in Polo. Hibiscus Petroleum share price should follow the market price of oil- up and down. Read Full Thread Follow Reply
19/10/2017 05:14	spights: Posted on iii by small holding As far as I can establish, the current holdings for their listed holdings are as follows O Blackham (5.98%) share price 0.22AUD, current valuation £2,739,094 (Difficult to establish exactly how many shares Polo hold because it is shown through nominees) GCM (21.2%) 17,494,000 shares, share price £0.44, current valuation £7,697,360 Hibiscus (9.22%) 138,900,000 shares, share price MYR 0.73, current valuation £18,245,940 Weatherly (5.2%) 54,852,859 shares, share price 0.7p, current valuation £383,970 Current Valuation £2,739,094 - Blackham £7,697,360 - GCM £18,245940 - Hibiscus £383,970 - Weatherly Total valuation £29,066,364 Not listed Universal Coal Resources (20%?) Ironstone Resources (18.8%) Nimini Holdings Ltd (90%) Regalis Petroleum (11%) Celamin Holdings Ltd (12.7%) At the time of writing Polo share price 3.51p x 311,789,151 shares in issue = £10.94M market cap My calculations are there to be shot at but I think they are close. If Polo are genuinely trying to attract investors I can't why isn't this information isn't released on a regular basis, say quarterly. Even giving the bottom 5 investments a zero valuation, the current market cap of Polo is only a third of its listed assets Read Full Thread Follow Reply
04/7/2016 06:17	spights: 2015 POLO RESOURCES LIMITED ("Polo" or the "Company") POLO INCREASES DIRECT INTEREST IN BLACKHAM RESOURCES Polo Resources Limited (AIM: POL), the natural resources investment company with interests in gold, oil and gas, coal, iron ore, copper and phosphate, is pleased to announce an increase in its direct interest in Blackham Resources Limited ("Blackham") (ASX: BLK), an Australian gold exploration company listed on the Australian Stock Exchange. Polo has agreed to acquire 10,000,000 ordinary shares of Blackham for AUD$2.1 million (approximately £980,000) or AUD$0.21 per share, a 10.6 per cent discount from Blackham's closing share price on 18 November 2015, from Perfectus Management Ltd ("Perfectus") by way of issuing and allotting 25,016,484 new Polo ordinary shares at an agreed price of 3.92 pence per share to Perfectus, a 36.11 per cent premium to Polo's closing share price of 2.88p on 18 November 2015. Perfectus is a 49 per cent owned associate of Polo. Blackham had audited net assets of AUD$17.75 million as at 30 June 2015. The new shares will represent 8.28 per cent of Polo's enlarged issued share capital, bringing Perfectus' total holding in Polo to 10.92 per cent. Upon completion, Polo's undiluted interest in Blackham will increase from its current direct holding of 2.37 per cent to 7.36 per cent, resulting in a combined direct and indirect holding of 10.3 per cent, of which 8.8 per cent is attributable to Polo. Application will be made for the 25,016,484 new ordinary shares, which rank pari passu with Polo's existing issued ordinary shares, to be admitted to trading on AIM. Admission is expected to become effective on or around 24 November 2015, following which Polo's enlarged issued share capital will amount to 301,956,793 ordinary shares. The Company does not hold any ordinary shares in treasury. Datuk Michael Tang, Executive Chairman, commented: "Our increased interest in Blackham demonstrates confidence in the potential for this company to generate strong shareholder returns. "The recently released Pre-Feasibility Study for Blackham's Maltida Gold Project demonstrates robust economics and a relatively low capital requirement to reach production. Blackham's management team expects to complete the Definitive Feasibility Study by first Quarter 2016 and continues to add significant tonnages and grades to the gold inventory." Read Full Thread Follow Reply

Polo Resources share price data is direct from the London Stock Exchange

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