"There is no announcement or interview from Polo that states this so this is just your opinion which is ok to have."
And u r wrong again Champ. Ref Harlee & Gero link to Polo RNS:
"Since the Letter was written, Polo has announced the termination of its merger discussions with Caledon Resources Plc and the disposal of its interest in its Mongolian joint venture by the sale of its shareholding in Peabody-Polo Resources B.V. As announced this morning, Polo and its wholly owned subsidiary, Polo Australasia Limited have also signed an agreement for the sale of its shares in Extract Resources Limited"
A typical "Crown Jewel" takeover defence. If no action is taken Polo risk being taken over, split-up and liquidated.
EXT Price at posting:
$6.95 Sentiment: LT Buy Disclosure: Held
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