RE: Who is selling as gold Hits 2030 .11 May 2023 07:22
Seeing as you mentioned HOC Hochchild. It’s beaten down over delayed permit issues which are due to be resolved, at which point it should x 8 back to the 600p area. However it highlights Shanta’s problem (it has no problems) every box is ticked and should be trading way above the current SP. Take Hum as another example, it’s doubled and trembled to its current share price(i have sold my Hum shares as they have run their course for the time being).
Shanta is too attractive for the big boys to ignore, like bees round a honey pot. I’ve no proof but the buying of shares probably through multiple accounts at a fixed level with the market makers unofficial consent keeping the price down prior to a takeover later this year is shocking But i don't see how anyone can do anything about it. Total greed.