POLO Down5 Oct 2015 14:29
The prices of iron ore, oil and gold are all down so that helps to explain POL's low, low sp, as that's what POL owns, mainly, GCM is worth very little unless there is the fabled "greeen light". What is harder to explain is why the substantial cash that POL has isn't reflected in the SP. Some on other boards believe that something strange is going on there but I don't. I think POL is a bargain at the present sp and in years to come when commodity prices recover the current sp will be just a distant memory.