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Ann: NuSep 2013 SPP Closes , page-2

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  1. 561 Posts.
    Not going to tell us how bad the SPP take up was until Monday next week....it must be bad. Less than $1.8m. Maybe even as low as $1m.

    It couldn't be worse than that.

    So we've got a hidden $4.8m debt, the price collapsing below the SPP price on the day of closing and a lack of disclosure on the funds raised at the SPP.

    What will it say if the directors took up less than the $15,000? They will have to just to keep up the false pretence.

    It's going to be an interesting week.
 
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