Personal and undiluted views
All Stories

Shanta Gold – Placing Complete, PI screwing all done – Now we Plebs can and should buy

Tom Winnifrith
Thursday 18 October 2012

And so the screwing of Private Investors in AIM listed gold miner Shanta Gold (LSE:SHG) is completed. The company has today announced that it has raised $35 million (£21.8 million) in its bookbuild placing announced yesterday at 17p. The new investors will own 38% of the equity. We plebs have been rogered, we feel sore but an objective look at the investment case still leaves the shares as a buy. Here is why.

on ADVFN | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
Sign up for my weekly newsletter








Required Reading

Recent Comments


I also read