In the latest annual results announcement, the NAV is stated as: "Net Asset Value per share as at 12th December 2014 was approximately 27.2 pence per share." So in the absence of any subsequent it appears that it is still of that magnitude albeit that I suspect it might be closer to 21 pence per share. Why am I to be kept informed by the Board; I'm just a shareholder.
In an RNS issued on 4 Oct 2013 it was announced: "The Company also announces that, following a review, the Company will only announce its Net Asset Value twice each year with its annual and interim results but will make update announcements at other times if events occur which have a significant impact on the Company’s investments."
Blackham, at today's market cap. of A$24.90m, is worth 0.49p* per Polo share. Therefore there will have to be an apprteciable increase in the market cap. to have any material effect on Polo's NAV. * A$24.90m*10.65% (Polo share of equity) / 276,940,309 (Polo shares in issue) / 1.97 (A$:£ exchange rate).
Share price has just spiked on the ASK 6.23 +0.53 (9.30%) Real-time: 3:58pm GMT LON real-time data - Disclaimer Currency in GBX unless noted Range 5.40 - 6.24 52 week 5.40 - 20.75 Open 6.24 Vol / Avg. 402,898.00/428,564.00 Mkt cap 17.08M* P/E
Quite agree with Drew. Price determined by one trade of 25 shares at 8 o'clock this morning. Value £1.56! And this becomes a stastistic
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
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.