Shanta Gold Share Discussion Threads

[davethehorse] 01/11/2024 12:04

Shafted backwards here

[juju44] 18/8/2024 09:30

Never win . I just move on

[kennyp52] 18/8/2024 08:59

Real shareholders had no choice imho .. the company was stolen . If you got any conviction then get an action group together and sue the directors 🤷‍a94;️

[juju44] 17/8/2024 08:42

The system is geared to rich taking your money and there vis nothing you can do about it . Elites rule the world

[source] 17/8/2024 07:52

Looking at what's happening with gold price hope all the "shareholders" who accepted the Shanta "management" mugging are choking on their tea?????

[echnaton1] 29/5/2024 07:32

The lack of institutionally imposed corporate governance and stakeholders willing to resort to legal means to defend their interests is what brought us down. As absurd as it may sound but what triggered things was losing Odey as a shareholder. Personally I did quite ok but the sour aftertaste after having been robbed of a significant part of the possible gains remains and will keep me away from the combination of small size and dodgy domiciliation.

[redhill] 28/5/2024 17:07

Yes what happened to the Chinese or any of the African big boys ?

It will be interesting to see how West Kenya develops or even if it is put into a new Company and floated.

[lowtrawler] 23/5/2024 14:36

Thanks pooldar, end of an episode. Good luck with your onward investments.

[pooldar] 23/5/2024 14:01

Cash is here now.

[napoleon 14th] 20/5/2024 23:19

Lowtrawler - quite so.

[lowtrawler] 20/5/2024 15:35

napoleon, that's not a question, it is due to arrive in accounts by Friday of this week.

The takeover price is pathetic but clearly almost every institutional holder voted in favour. We can blame the BoD's for recommending the bid but it was the major shareholders who made the final choice. For me, the biggest mystery was why the Chinese did not enter with a competing bid.

[napoleon 14th] 20/5/2024 15:24

6 months ago SHG were c.9p, so a total of 15p/share (div incl) isn't bad at all.
Add to that Odey's sell off due to Crispin's WHT (wandering hand trouble - the most ridiculous reason to dictate investment policy IMO) which sank the share price, the T/O price was silly cheap as a result, so there's little to regret other than the "Me too" influence.

Anyway, they've delisted today so the final question is when does the cash arrive...

[cinoib] 20/5/2024 10:24

O dear what a f--- up You should have all moved to Paf when I mentioned it a while back As has doubled in 6 months.

[redhill] 10/5/2024 07:23

Make a note of the Directors who were complicit in case they intend to serve on the board of other UK PLC'S.

[redhill] 10/5/2024 07:20

Oh yes. robbery complete.

[greyingsurfer] 10/5/2024 07:09

Read the following RNS

[redhill] 10/5/2024 06:54

Suspension of trading? Was that meant to happen ?

[cinoib] 07/5/2024 10:46

See we are all still waiting for that bus to arrive, while others are have a spring in their step, bar Aau that is that has fallen fowl of the dreaded Hum disease. Eco is the next flying horse so get in before it's too late.

[alangriffbang] 07/5/2024 08:11

John yes with phillis the idiot as head knitter,

[johnrxx99] 07/5/2024 08:03

I learnt a good leason with SHG - never invest in Africa. Since I sold, things are very much brighter back in the real world.

Why don't you guys form a knitting circle and keep in touch.

[pooldar] 01/5/2024 15:34

If takeover is approved by court on 8 May 2024 cash will be credited on 24 May 2024.14.85p.

[phillis] 30/4/2024 11:28

Is that you Alan, hiding in the bushes?

[phillis] 30/4/2024 10:47

By 24th May