If you stopped just about anyone in the world on the street and said do you want 5 bars of gold in your hand or the equivalent in shares of some company what do you think they would choose???? This is why I remain positive for the long term in the commodities market................although cyclical we're Always going to need them.
The other week I actually heard fund managers saying oil is finished and gold is worthless!!!!! Unbelievable drivel. The last few tens of thousands of years of human interest in gold is to be totally ignored then and all the rich oil barons are just going to roll over and take it????????
Errrrm I've been topping up every month. I understand everyones frustrations. The commodities market can't stay down forever though. Whilst the share price is this cheap I've taken the opportunity to top up every month using small amounts of cash and build my position. I have enough time and patience to remain invested for the long term here. Hope this helps ;-)
Could be that MM's are trying to entice sells as they need shares to fulfill a large order ? On the other hand that isn't very likely at all. Who on earth would buy here at present? What news has been released by the company to give comfort to potential shareholders to buy?
What would cause a share price rise when sales outweigh buys in the situation that this is now in?
SP showing incorrectly
It is bad enough the SP dropping without LSE making it worse. I contacted admin at noon: Both yourselves and Barclays Stockbrokers are showing the Bid as 3.27p and Ask as 4.0p Therefore SP should be about 3.64 - you are showing the SP as the same as the Bid. You are showing last night's close as 3.625p, therefore it has risen not fallen 9% Hope that helps" reply from admin: "Thanks for your reply. I have raised the issue with our technical team and asked them to get in contact with our third party data supplier. It's unusual that we're showing the same percentage change as various other websites are. It could be that there is an issue with the third party data suppliers data. We don't alter or change our prices as they come direct from the stock exchange." Andrew (Drew57)
Website:Polo Resources Limited Ord Npv (Di) Website Description: Polaron is a highly innovative technology group of companies ---- Leaders in the design and manufacture of architectural, show and environmental lighting control systems, audio visual, cctv, fire alarms and voice evacuation systems, access control and security systems, transistor dimming, igbt, LED control, fluorescent dimming, variable speed drives, SCADA systems, high current rectifiers, soft starts, power electronics, Developers of 3DAP, Three Dimensional Atom Probe for nanoscale materials analysis
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