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12/07/05
12:42
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Well as my earlier posts regarding the SPP...
I DIDNT want the stock to be up around 13...as the buy depth is crap!
And the SPP issue price is to be weighted on the last 5 days trading, prior to the issue of shares!
if they hover arund 13c...then sadly the spp would be around 10c
If they hovered around 10-11c..then SPP would b around 8c... THIS was my orefereance as the stock would hold at / or above 10c
NOW with the SPP issue price at 10c (I believe its just been annonced), leaves little or NO room for a profit on the SPP
I will be glad to sell out at around11.5c and make about $500!
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