New thread, as epic code has changed, thanks George...

Scaredy cat has got off his hands and is in, especially as this is ISAable all be it only a small amount so far. In at 5.67p.

GLA

Alex

having now had a good look at them i am buying more it is a good bet .

Large purchases by directors over the last two days.

It may break recent volume record today. 7M so far.

director is buying while the price improves.
Latest buy was above 5.7p, over 3.4% now

any news on this baby as very quiet on this BB?

Alex

It is quiet. Just so you know, the CDN takeover is nailed at 112p, 1p per share of the proceeds will be distributed by POL as a special divi, qualifying date yet to be set but probably sometime in August. And the 10% share buyback that's been going on for the last year is also due to be completed in August. DYOR from there but don't sell.

Dividend 2p this year, share price is 5p. WHY so cheap?

Polo to increase special dividend to 2p per share
upon completion of disposal of interest in Caledon Resources Plc


The Board of Directors of Polo Resources Limited (AIM and TSX: POL) is pleased to announce that it has resolved to increase its proposed 2011 special dividend from 1p to 2p per share (gross), upon the completion of the disposal of its interest in Caledon Resources plc ("Caledon"), previously announced on 23 June 2011.

Neil Herbert, Executive Co-Chairman and Managing Director of Polo said:

"We are delighted to announce the doubling of our proposed special dividend payment to 2p per share as part of our commitment to return value to our shareholders. This follows a special dividend of 3p per share in 2010 following the disposal of Polo's interest in Extract Resources Limited. These successful investments demonstrate management's ability to identify growth opportunities and convert these into realised financial gains for shareholders.

"Our ethos is to invest in projects where we can add value, irrespective of geographic location or commodity focus. We are in the enviable position of having enough cash to build on our current portfolio of investments and are actively reviewing attractive new investment opportunities both in mining, oil and gas."

Why the share price is so low?

40% dividend a year is great.

According to the results today, this company has combined asset and cash around 10p, IMO. Anyone disagree?

bought some this morning before the sp started rising...so far-so good! anyone else in ?

Nice ex-dividend date today.....drop is a little less than the divi.....great....they seem to look after shareholders....

This little baby is stirring again up 9% Today.

3p^ i stockpiled a few@2.5p speculation as ever is rife.

Not in this one, could be interesting.

Trade 40% below market value of listed investments and cash. Up 8.5% Friday.

Long-term bargain for patient investors.

Consolidation Feb 2013 - 1:10 - oh deary, that's not a good sign, is it?

You still in these TANK?

7 Feb 2013. - Don't get excited, this is CONsolidation.... 1:10 . . . (DYOR)

...now watch the sp slide, as folks think they've made a profit...

They will have to buy back nine times they held yesterday within the next ten days, AND!!!!