The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Not sure it's got anything to do with race tbh. There's a general disdain for retail shareholders
How do we organise a campaign? How do we find all the shareholders on the register?
Yup. Spot on. This will be my final, final attempt to make money on AIM. It's a dying market because management is typically corrupt
I've changed my mind. I'm cashing out my money market funds to invest here. It's simply not right that retail shareholders get shafted.
I'll be buying in tomorrow with the money (about £50k)
Isn't it more like 40% support, from the two major shareholders?
I am an actuary who lives and breathes risk, so I'm well aware of the pitfalls of failing to adjust for it.
S&P500 has done 20% in 2 months. It isn't risk free by any means, but given the Feds clear support, how risky is it anyway?
All you really have in AIM is faith in management, and after today you can no longer have any.
I'll hold, and vote no, mostly out of principle. I only invested here recently, at 10p, so it's been a quick 35% (in about 3 months).
Lol. I understand the time value of money, thanks for your derisory, insulting comment though. Speaks volumes about your character
My point stands. The upside in small cap gold miners is bigger than 5% in 2 months, albeit with risk attached. I'm here for the risk.
Are you selling everything you've got, and mortgaging your house, to invest here for the free 5%? And if not, why not?
Are you investing every cent you have in shanta to get this free 5%? And if not, why not? Surely the logical thing to do would be to sell out of absolutely everything you own, mortgage your house, and put it in all here to get the free 5%? No?
A guaranteed 5% isn't THAT attractive. If it were, we'd all be invested in cash instead of risky small cap gold miners.
I'm personally grateful someone is suggesting other gold opportunities, thanks for that. I'd hate to miss out on the gains to be made in the space, and Shanta is clearly too dodgy to consider going forward. If they pull a stunt like this, you can't trust management. End of story
Yeah, I won't vote either...
You'd think the biggest shareholders who have already agreed to vote in favour will be snapping up shares up to 13.5p... And the proposed buyer will be buying them in the open market up to 14p?
Why wait a few months for an extra 0.5p?
Could make more on other junior gold miners in that time
I'll be doing exactly that. Voting no, sitting on my hands, and buying whatever I can below 13.5p
Classic AIM, retail investors get shafted even when they pick winners. I'm done with this market after this experience
What Betts says might be garbage but it moves the share price in the short term, so it's hard to say it doesn't matter.
Might be nice if he's got one more big lie in him to give people exit liquidity lol
Yup, it's a significant week indeed, I'm sure Leon thought he might not be able to sucker anyone into yet another capital raise, but it seems he's managed to convince someone to part with £10m!
PIs should take comfort that the placee will lose all his money alongside you. The only ppl making any money off jubilee are Leon and his cabal of incompetent managers