management expects the spp to raise up to $1.2, page-5

"shareholders had applied for 27,739,757 ordinary shares under the SPP to a value of $202,500."

"Slightly different announcements aren't they. Is this the beginning of the end of UXA?"

Dobsy---You see the news as negative and I see it as POSITIVE,,,,yest only 15% of SPP was taken up BUT remember you could have purchased shares on market about 20% cheaper,,,what would you do if you were a shareholder?

I personally bought more on market...management taking up the SPP at 7.2 was POSITIVE IMO...I think you downramping and IMO the 6 cent bits will continue to grow and I expect UXA to be at 7 cents in a few days..

If good straits drill results hopefully we trading over a cent soon,,,not much downside so I will buy more..