"Please be advised that the dividends received from Signet was below cost and therefore no gain was recorded. " Divis? I am talking about the sale of Signet to Shell. That was a gain that was not distributed to shareholders
hmmm! so what is this large hole and what do you suggest they fill it with? Chewing over investing with a strong sell opinion, hmmm wonder what your motive is? lol..
I thought this company
was in a sweet spot with its investments but it seems there is a large hole in its strategy. Plenty to chew on before I can invest!
Puks, I took the liberty of emailing Polo about your comment regards Signet and blow me down got a reply in 24 hours,, Thank you very much for your email. Please be advised that the dividends received from Signet was below cost and therefore no gain was recorded. Thank you for your support as a shareholder in such trying times for the mining sector.
RE: reply from Polo
I do disagree with this statement though. "Since then Polo has yet to realise any gains" They gained from the Signet deal and decided not to distribute anything to shareholders. That was a mistake in my opinion and undoubtedly assisted the SP decline.
Well I am also astonished that you got a reply !!!! lol
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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