Shanta Gold – “pleased to announce” fundraising. Hmmm!, but still a buy...
By HotStockRockets | Wednesday 28 October 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shanta Gold (SHG) “is pleased to announce… the company has raised gross proceeds of £32.2 million (approximately US$42.1 million)… at a price of 16.5 pence per ordinary share. The fundraising was significantly oversubscribed”…
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