The gospel according to me....29 Feb 2024 09:57
First things first. If the powers that be thought this bid had failed, and the company was worth no more than 10p, then the price today would have fallen to…….10p. It hasn’t.
Secondly, the last assay and test figures were deliberately presented, as I said at the time to look very uninteresting. “aw don’t worry shareholders, let us take them near worthless shanta shares off your hands for 13.5 p”.
thirdly, there are big money shareholders here with serious clout. If they thought this company was worth 13.5p, why oh why wouldn’t they have offloaded and moved on??. they didn’t for a reason.
And fourthly, and this is the real state of the board and shanta as a whole. Soon they will have to update the market with correct production and drilling results, and if the powers that be believe that shareholders have been in anyway deceived, questions are going to be asked, with all the legal implications that brings, hopefully. Time is not on the side of the board as we speak. Interesting times ahead, but they are not having my near half a million shares for less that 15p. If I have my way...