Future of Polemos Have the management got any plans and are they aware that time is ticking on this stock as I have heard we only have 6 months to make an RTO or that is it for the company.
Re: M Cap Having suffered a massive loss wth PLMO, I've doubled up for little money. From the last interims, PLMO only had two investments, SecurLinx and Oyster Oil & Gas.I'm a bit confused as to what exactly happened with the SecurLinx deal, presumably the proposal to aquire 100% of SecurLinx fell through. Is PLMO left with anything of SecurLinx?Oyster Oil & Gas looks promising. Hopefully, some good news in April.YB
M Cap Allowing for the total shares in issue and to be issued the MC is less than the value put on the PLMO investments and cash at 0.015p. This means that the potential following the rapid fund raise following the collapse of the original RTO is in for nothing and I think we can expect something to break in tandem with GUN
Sales What were the reported sales after hours? Anyone know? LSE reports them as morning sales.
Re: RTO Sounds reasonable considering the short time allotted to issuing and consolidating shares. Also you have to wonder why HH would go to all the trouble and expense of issuing billions of shares and consolidating them down to 92m-ish if he didn't have something up his sleeve.I've added 5m shares at yesterdays giveaway price from other profits and am showing around 44% profit on those overnight but am still overall minus 84% here overall. I think it's an interesting gamble here for minimal additional outlay as a recovery play. GL to all.
Re: RTO Couls well have something lined up hence the rush to raise cash and consolidate
Re: RTO Hard to get over enthusiastic here as I'm down several thousand from when this was Plus Markets. However, I have to agree that at these levels and taking a risky view of the potential of new business, it must be worth a punt for another few hundred pounds to try and recoup earlier losses eventually.
RTO A poster on LSE suggests that GUN where HH is also in charge could have a couple of potential RTO candidates lined up. Could make sense as there seemed to be almost panic to raise more funds.We shall see but at 0.010p must be worth a punt.
Re: Beaufort My stockbroker won't let me buy anyway due to not have a 'Key Information Document'. The so Stockbroker can't get there act together.
Beaufort I wonder how many holding stock through Beaufort Noms would have ditched stock as there seemed to have been a bit of a clear out on Friday.
Potential With the rapid raise of funds at the same time as the ditching of the proposed RTO which I always thought was doomed because of its size could see some early activity. They clearly have a plan B or why the rush out a fund raise and a change in the share consolidation from 1000 to 100. Perhaps we can get back to .02p next week.
Re: What next for PLMO? There as a rush to raise more funds so it may well be that there is already something being considered.
Re: What next for PLMO? Yes I do agree - the MC is relatively good value when you consider the existing investments it has
Re: What next for PLMO? If, and it's a big if, Hamish and Associates do pull a few rabbits out of the hat, the SP is little money. YB
Re: What next for PLMO? Disappointing. Casts a bit of a shadow over the CEO Hamish Harris and other Company's he's involved in and other Directors he associates with, Donald Strang and David Lenigas, and the Company's they are involved in.Unless, Hamish Harris and his Associates can pull something out of the hat. Urgently.YB