Member Info for louis007

Apart from the directors falling off a cliff, what's the best possible scenario here?

Can I remind buyers/holders here of Ovg, that hold this share at a discount. I'm interested if you can see any draw backs: Massive value, mcap 7.85 million but it holds 1,405,000 shares in Polymetal or worth;13.59 million, cash equivalents and available for sale financial assets of Euro 26.7 million as at 30 June 2016 interim, CEO bought 18% of the shares, but blurb on company website not updated since 2013

Great news, great share, invest in gold with a big growing dividend too!!

Massive value, mcap 7.85 million but it holds 1,405,000 shares in Polymetal or worth;13.59 million, cash equivalents and available for sale financial assets of Euro 26.7 million as at 30 June 2016 interim, CEO bought 18% of the shares.

People complain of buys showing as sells on all the bb's. I guess the mm match a buyer with a seller at a price they agree ( with a spread for proflt), so a buy is someone else's sell. I think this share is v. undervalued, but if people are going to sell at these prices,then more fool them.

Sorry! Market capitalisation: £7.85 million

Massive value here, mcap £7.85 million but it holds 1,405,000 shares in Polymetal or worth £13.59 million, cash equivalents and available for sale financial assets of Euro 26.7 million as at 30 June 2016 interim, CEO bought 18% of the shares, but blurb on company website not updated since 2013.

Bargain shares at a discount!!!

Still waiting to be discovered!!

A doji here means a pores for thought, trend change. After the last few days that means... Heading up tomorrow!! Dyor.. T&C.. I am not an advisor etc etc

Ye, it's just that projects blurb about developing Stakhan. in 2013, all reports etc are current. I don't know about operations

https://m.youtube.com/watch?v=3Iq2SNm1iFk

Massive value here, mcap £8.77 million but it holds 1,405,000 shares in Polymetal, currently 967, or worth £13.59 million, cash equivalents and available for sale financial assets of Euro 26.7 million as at 30 June 2016 interim, CEO bought 18% of the shares, but blurb on company website not updated since 2013. Shhhhhh !! Don;t tell anyone!!

Given my last comment, I'm sellingsar at 5.6 ;o

·      Cash and cash equivalents and available for sale financial assets of Euro 26.7 million as at 30 June 2016; THAT is crazy!!!! 3 X mcap!!!

I'm no expert so these are just my thoughts. Seems to have slid since August. Since rns of results but that seemed good� Total comprehensive profit for the six-month period to 30 June 2016 of Euro 6.4 million;massive given market cap. Maybe people expected a 100 bagger as this is aim? Just out of favour? Can a share REALLY be undiscovered? Seems weird. But I'd scream if anO just pondered it, then saw it shoot up as I hesitated. Aim seems irrational at times. If a company cured cancer here and sp shot up, people would SELL because they'd got there target!!!!!

OVG Market cap: £8.77 million. It holds 1,405,000 shares in Polymetal, currently 967, or worth £13.59 million. They are buying their own shares, and so am I !! What a premium!! :o)

Poly Market Cap. is £4,276m, amoungst other things OVG owns 0.33% of this, or 14.2m, yet the mcap here is 9m. Am I missing something??

I'd research that well. They tried it with the diamond mines ( that imo where conning the country ) but got sued and international legal problems. Cmcl isn't hiding anything, and I think there are laws about being 55% owned by Zimbabwe. Gold brings money into the country, diamonds were making a paultry contribution. It seems to be a mutually beneficial relationship, but as an investor I'd keep an eye open.

Discussion on poly is pointing people to the discount here!