Ann: Ceasing to be a substantial holder from SHD , page-4

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  1. 290 Posts.
    re: Ann: Ceasing to be a substantial holder f... Was too optimistic thinking it was just a transfer between old BTV and new SHD.
    Anyway straight from the horses mouth today:
    1)resolution 5(ie;the issue of 80mil shares to institutional investors)----almost zero chance of that going through as the agenda was drawn up before the Hanlong deal was signed off.
    2)SHD shares(30m in total)were picked up by a broker in Melbourne on behalf of several small investors "not one big holding".

    When the dust eventually settles on the Chinese steal,sorry,deal and positive ann's on recommenced drilling this stock should take-off VERTICALLY.After all it's got a lot of catching up to do compared to it's neighbours(DYL&BMN).

    Sentiment:Patience with caution
 
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