Shanta Gold Share Discussion Threads

[redhill] 25/6/2020 17:46

So? At what point do Odey reduce their holding. Stuck with it through thick and thin and reduced their holding by 2 million.
As i said earlier neither here nor there and not raising my eyebrows. lol

[juju44] 25/6/2020 17:16

JC - too old to take advice from punters on these boards . Most of it is balaney

[jc2706] 25/6/2020 17:11

Lowtrawler,

Not necessarily the case. In fact I suspect that it isn't. I confess that I am surprised Odey hasn't reduced before now as they have had issues for the last few years.

Unfortunately Shanta seems cursed with institutions that have decided to move on. Let's see how it progresses as it may create another opportunity.

[jc2706] 25/6/2020 17:09

You don't have to remain there juju44. Just move!

[juju44] 25/6/2020 16:55

Never never land

[qs99] 25/6/2020 16:38

they still have a massive stake. My issue isn't them selling a few, it's why there is no demand on the other side, hence the reduction in share price in a gold bull market!

[lowtrawler] 25/6/2020 16:35

Any sale by your largest holder must raise eyebrows. They will have much more accurate information about what is happening on the ground than any of us and what the likely newsflow will be. You wouldn't sell any with the expected news over the next few weeks and so this suggests the news will disappoint.

[rb1206] 25/6/2020 16:26

How odd...... Gold is up and company telling very positive story and their long term largest holder starts to offload just couple of days after the presentation ......hmmmm.

[jc2706] 25/6/2020 15:04

I'm not sure that the institutional investors on the company register got the memo about this being a gold bull market.

[redhill] 25/6/2020 15:01

I see Odey have reduced their holding slightly but bearing in mind how supportive they have been over the years its neither here nor there.
Looks like just over 2 million shares sold.

[redhill] 25/6/2020 10:09

The Market Makers want this back down. level 2 indicates they are reducing their prices on just a few small trades.

[amazoner] 25/6/2020 08:57

my prediction is at least 1 cent eps at least ($7m cash payment of barrick deal) & eps for 2020 is 2.5 cent or 2p. what do you think?

[amazoner] 25/6/2020 07:54

what is your prediction on eps for H1?

[32campomar] 24/6/2020 16:53

Great performance considering general market sell off

[space_bob] 24/6/2020 16:37

There does seem to be a pattern of some large buys at the start and end of every day.

[zcaprd7] 24/6/2020 15:57

False dawn on the breakout?

[338] 24/6/2020 15:48

sell your shares now if you're worried 😂

[338] 24/6/2020 15:47

SHG won't be traded at this price in the next 18 months... 48p will be too cheap... be patient 👍

hxxps://moneyweek.com/investments/commodities/gold/601217/will-gold-really-hit-3000-an-ounce-in-the-next-18-months

[juju44] 24/6/2020 15:31

Yawn . What a bore

[hazl] 24/6/2020 13:13

just out of interest above...

[stmellons28] 24/6/2020 12:47

Shanta is going from strength to strength, could there be news flying around ? The volume is fantastic so great times ahead for us holders. I’ve added again with all this excitement.

[amazoner] 24/6/2020 12:45

25p by x-mas

[scoble2] 24/6/2020 12:43

Bloomberg tv this morning has said Gold will break 1800 soon. so 20p is possible.

[space_bob] 24/6/2020 12:42

14p by the end of this week
20p by the end of August