Member Info for jammin86

Yeah, it's no wonder AIM is a dying market! Liquidity and valuations on the floor, which can't be good for the economy at large.

It's just FILLED with incompetence and a genuine disregard or contempt for retail shareholders. Quite something to witness actually.

I guess the politicians have the same attitude!

I guess this is partly why companies have nothing but disdain for retail shareholders: they are mostly idiots and very easy to take money from

I'm certainly NOT sure. Lol. I probably misread it.

All I read was "AIM company screws over retail shareholders again. Shock"

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

Interesting.

I'm cashing out my money market funds to buy into shanta in hopes us retail shareholders can vote down the buyout and get a better deal.

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

The two largest shareholders representing 40% are voting in favour. They need 75%

Would you buy more at 13p knowing it'll be worth at least 13.65p?

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

Just made a quick 20% on SHG since selling out here. Lol

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

And when will that be? January?