Re: RTO Have you had any experience on companies like this before? I saw the good work to DL and invested back in the days. If you have previous knowledge any thoughts on a possible sp reaction?
Re: RTO Nothing will happen this year so it has to be early '17. They cannot just drift around paying for Director lunches. Also PRS investors will expect something to happen. It will be the appointment of new directors first before any corporate activity.
Re: RTO Why convinced the new year might show increase in prices? I myself would like to see this doing a REM and hitting 1p but can't see it in a hurry.
RTO With PRS holding 24pc and the Resourses sector moving into more positive mode I wonder how long it will be before we see some corporate activity? PRS would not invest unless they have a potential injection lined up. Could be an interesting start to the New Year.
THOR MINING 0.89 sp up .865p on the day, thus (Close: 0.025p) could this happen to us one day?
Re: Sad news about Jason Berry Yes and so young at 46
Sad news about Jason Berry RNS just out. RIP
Re: 9 years ago Paternoster will see that something is done with PLMO and that is why they have taken the stake. The money they invested is probably buying a little time to do DD; if not they could have made any other investment from within the Paternoster portfolio. Could easily double on hope.
Re: 9 years ago Just curious on the movement around want is happening at the moment. I have been on the back of reserve takeovers before and sometimes the sp fall, hope that does not happen here. I have confidence things will work out but seems very quiet apart from Paternoster news.
Re: 9 years ago I believe Paternoster will do the rounds and put something into PLMO. It may well already have a candidate looking for a shell to reverse into; but I think you can be sure that Paternoster would not have invested unless there was a plan - as there is no point in them having 24% and allowing someone else to pull the leavers. Probably worth a punt or even a top up.
9 years ago This share stood at 30p and now 0.05p, any change of even getting to a single penny again. This is a Debt free cash shell which when DL was in charged looked like it was going places - what now? NOTHING.
Any correlation to REM If we look at REM this was following the same pattern as we are and DL resigned from the board at Polemos plc to concentrate on REM. REM had gone through the share price being 0.04p for c 2 years then suddenly things began happening seeing the sp rise to nearly 2p. What are the possibilities of us experiencing something similar?
Re: Polemos I do not beleive Paternoster would have bought in simply to have a stake. I feel it will be Paternoster that seeks an acquisition and Lee will also join the Board at some stage. Something will happen within the next few months IMO
Does anybody know Directors views? We seem to be extremely stagnent here and the directors are looking for opportunities, though finance can not last for ever, can it, although as debt free cash shell what are we looking forward and have we the right men to be looking? I know this is a long term investment, but how long term?
Polemos Any idea as to why Paternoster has bought in here. Also looks as if there is another holder with about 11%. Clean shell and the resource sector is on the move. Could be interesting if Mr Lee has 24%.