Member Info for shareaction

Older, You say net yield, but don't you get GROSS yield from USA? I filled in the US tax form to get the dividends paid gross into my sipp and isa (I have this share in both) and that seemed to work in December, receiving all of the 1.99 cent.

Looks a bit desperate this press release. Painting ships is what they do, or should do, all the time, and this news today wasn't even a contract, only an LOI. I think the market will punish them a bit, it is fragile enough out there as it is already, we don't need this...

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01945165 (click agree and proceed to download the pdf-report) The debt owed to Polo is now at least around �3.6m incl. 15% interest p.a. so this will swallow more than half of the planned gross proceeds of Pan Asia�s planned sale of TCM Project for US$9.25m. No mention in Polo�s latest annual report that Universal Coal is de facto in default (subject to notice being served by Polo at its discretion). ( Is Tang mad and really hopes the sale falls through so that Polo can run this project themselves? Yes, there is a lot of money in this project - if, and only if, you have the resources to drive it forward plus the luxury of enouhh money to wait 5-10 years (best case) before getting a single penny of revenue.) Pan Asias�s quarterly report referred to above gives details of the progress of the sale AND mentions that plans for Polo are being drawn up regarding the coal resource sale: �[Pan Asia] plans to further engage with Polo to seek a commercial restructuring of its security in the event the current potential sale of the TCM project does proceed to a point where a sale of Pan Asia�s interest to Gloy Mary Ltd is to occur� So "restructuring of its security", not a straight repayment of the �3.6m in other words� It sounds like we will be waiting a looong time before we see any repayment, if at all.

I often wonder why they bother to "update" like they do... No unaudited interim sales, gross profits and net profits figures (WHICH THEY ALREADY HAVE AVAILABLE they told me) and "in line with market expectations" is just a meaningless phrase unless you know all the brokers and their respective expectations. And if brokers expectations vary widely they just use the average figures so that none of them are actually equal to the official "expectations". What has market expectations got to do with DGOC's actual figures anyway? A plain stupid exercise.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01943670 (pdf download only, no new page) Slowly getting there. Will Pan Asia really succeed in selling TCM Project to the Chinese company Glory Merry Ltd so that repayment of SGD5mill + interest from Universal Coal Resources to Polo can actually happen?

Whats wrong with the Malaysian stockmarket AND/OR Hibiscus?? it looks like they need to discount the placing price by 20% to the market price to get enough buyers. AND throw in lots of free warrents! Not a good sign.

On 30 Oct the company said: "...the Board anticipates that it will provide a further market update at the year end." Anybody heard anything yet?

This values the whole company (after placing) at around 2.2 million A$. The share is priced like an option and it is on that basis Tang has participated - a bet. To me the option price looks too expensive.

Hibiscus up to 105 right now, up 16% so far this year! The Hibiscus holding alone is currently worth 8.32 pence per Polo-share.

Still waiting for my dividends 15 days late through ii. Anybody else waiting?

What an arrogant "update". Not a single figure. Difficult to add up your takings, ladies? Or didn't you like the returns percentage? SELL.

biglad, have you got a link to the page where these trades show please? I cannot find Union Jack on NEX at all, never mind any trades...

Awarded US$4m, plus return of the shares, of course. That Tunisian Mining Services fellow hasn't got 4 mill dollars but he has 49% of the shares in Chaketma Phosphates SA which can be transferred to Celamin as a first installment at least. But we have to wait for the final award. I really hope there are no ways TMS can appeal here, he will try anything.

Well, the MMs do get a lot of SELL trades. 2.89p now....

why opps/oops?

Behuge, Polo's company is a different company in a different jurisdiction.

Why Monday morning only? "in the event that a nominated adviser is not found by 20 November 2017 admission of the Company's shares to trading on AIM would be cancelled." surely means INCLUSIVE Monday, or by end of AIM trading on Monday - or even up until 23.59 hrs on Monday night? RNS is open 24 hours a day.

Clear Leisure Plc appointed SP Angel. https://www.investegate.co.uk/clear-leisure-plc--clp-/prn/appointment-of-nomad-and-lifting-of-suspension/20171117143000P11C8/ And Polo?

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https://www.investegate.co.uk/central-rand-gold-ld--crnd-/rns/replacement-nominated-adviser/201710111300013372T/ Central Rand Gold said they were in talks with a new nomad but now their AIM listing will be cancelled from Monday with no explanation given: https://www.investegate.co.uk/central-rand-gold-ld--crnd-/rns/cancellation-from-aim/201711101647202329W/ Polo isn't even able to confirm that they have found a nomad willing to do a due-dilligence.