Member Info for NGC001

This doesn’t make sense to me.

The company seems sound, doing great things, gaining new business, positive trading statement, so why are we at historic lows and sinking fast.

Guess we will find out….

Thanks for the reply.

Strange volume/price action here. Not seen like this before.

I’m long so not an issue, but was just curious.

Just wondering if anyone knows why on earth someone would buy 2 shares, or 4 shares?

The dealing costs alone wouldn't make it worth it?

Just bought in for the long term.

I think this company has a great future and top management with vision, so I'm going along for the ride.

This company is unpopular because of the commodity, but underneath it's a forward thinking, highly profitable business that wants to do well. Even with coal prices off their huge highs, this still has lots of potential upside.

With stakes being increased by institutions, I think we just need to be patient and will see a slow price recovery.

I suspect we will see more and more of this, great news for POLY;

https://www.sundaymail.co.zw/rbz-introduces-gold-backed-digital-currency

They are paying out 178.28 pence per share.

Payment date is 9th May.

I was close to selling at the close yesterday, so glad I held my nerve.

What a great day and hoping for a positive day tomorrow as well.

You must be holding the shares at the open on the ex dividend date to qualify.

You can sell on the ex dividend date if you want, but you must be holding at the open.

Is driving me crazy.

All buys but it goes up and down...

I found today very strange indeed, there was no selling apart from 2 very small trades, everything else a buy. Some nice large buys as well.

Not complaining, but the price didn't seem reflexive IMO.

Something definitely going on in the background. Exactly what I don't know why, and for some reason it makes me nervous...

If you put this into perspective and context of the current environment, very happy indeed with the results and genuinely positive outlook for the future based on the strategy employed.

The management team have done and will continue to do a fantastic job IMO under tremendously difficult circumstances with others actively working against them. That would have seen off a less skilled management team for sure.

They continually demonstrate proactivity and forward thinking.

Will continue to hold and stay long on POLY.

And Zelensky;

https://www.wsj.com/articles/chinas-xi-to-speak-with-zelensky-meet-next-week-with-putin-f34be6be

China's Xi plans Russia visit as soon as next week

https://www.reuters.com/world/chinas-xi-plans-russia-visit-soon-next-week-sources-2023-03-13/

Just-Another-Bot, yes I don't usually commented directly on war matters on here, but have a feeling this time, especially as China has recently become much more involved and looks to be coming off the fence. No one has made any serious efforts at peace up to now, and this thing can't last forever at the current pace.

The war money has clearly been made, old stock has been sold, time to move on, perhaps to the alien invasion :)

Fingers crossed this prediction is accurate because implications for POLY are significant...

https://asia.nikkei.com/Politics/Ukraine-war/Behind-Ukraine-peace-proposal-China-foresees-end-to-war-in-summer

Totally agree Tygra,

POLY is a great company is being targeted here for purely subjective reasoning , they are battling on and therefore so will I.

This will go to 5

That’s when I’m cashing out

Too risky after that.

# Restore Shareholder Value
# Enable execution of corporate actions currently not possible
# Enable delivery of dividends to all shareholders
# Avoid further unfavourable treatment

Sounds positive to me and why I'm holding my long position.

Perhaps they will now reconsider their options?