striebs I'll do no more than refer you to albrights post before...

striebs I'll do no more than refer you to albrights post before mine, there is a sense of peeps waiting to exit on any spike in London also.

And I have a nasty feeling that whatever price the SPP happens at, the placing may follow, which in effect would be giving Pi's a 20% discount (upto 30% dilution on SPP depending on price) and then diluting them by a lot more than that. (I really hope the SPP/placing doesn't occur at very low price but unfortunately can't rule it out)