It makes no fundamental difference to the inherent value of a company who is, or is not, on the shareholder list. Companies huff and puff about “establishing a solid institutional following” but with few fund managers delivering exceptional returns , it should not normally concern you who is in or out. But just occasionally a buyer of note emerges. And followers of Shanta Gold (SHG) should note the latest addition to the Shanta list with some interest. It is good news.
Not that this is reflected in the share price. With gold having suffered a mini-sell off in recent weeks, few of the mid cap stocks have seen their shares move the right way. Shanta today trades at 20.75p to buyRead the full article on TradingResearchPoint | Comments