Perhaps management should have attached free options and an exercise price with this SPP, because for the life of me I can't see this SPP being fully subscribed.
Here we are close to closing time and you could "buy on market" for 2.2c..., Why would you buy in to a SPP at 2.4c ? (disappointing for those already locked in).
I like many others here, (i would imagine) have been waiting for this magical share price hike to eventuate before committing.
I would be very surprised if our directors will be happy to buy the surplus for a loss..., "to give us confidence".
I will be quite happy to be wrong as I am a long time holder..., but a realist not a "rarebird".
..............
NT.
General Discussion Thread, page-25
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