spp

The SPP closes today, i wonder what the shortfall will be?
The number of Junior Exploration companies that are endeavouring to raise capital at present is mind boggling!!!
There has to be a limit to these funds as the retail investors allways receive the short end of the stick where
as the 'Sophisticated" usually are better served.
In the case of AQR you would have to be mad to take up the SPP offer considering what the current share price is at?
The interesting issue will be what will now happen to the sp once the newly issued fully paids come into play?
On previous form, probably slide backwards and that is another reason why i didn't take up my allotment.