RE: Shanta price relation to gold14 Nov 2022 15:05
It's been a good while since I posted on the Shanta board, so I doubt that any of you will remember me. I first bought in to SHG nine years ago and had high hopes, but the constant disappointment eventually got me down and I sold all but a few that I held on to simply because they weren't in an online account and I couldn't be bothered to post the certificate to my broker.
After I came to my senses and gave up all hope for a decent rise in the sp, I posted on here and I got horrendous abuse for saying that the sp would never go up to stay consistently above 12p. That was years ago and I have been proved right.
Today I added more. That in the RNS about a transformed company convinced me to buy. As for the claims on here that the talk of offers was a lie - get real. Yes, on the AIM lots of companies lie, but I doubt that they could get away with a lie like that.
There is interest in SHG and a decent offer might come along, but even if I am wrong about that, I think the progress the company has made and a rising gold price will, at last, see the uplift in the SHG sp that it deserves.
Go back on here to see my posts and you will see that no one was more critical than me, so, for the RNS to convince me there must be something different this time.