share purchase plan, page-5

Looks like the SPP plan is going to raise a couple of million dollars, so a fair bit undersubscribed , not really too much of a suprise in this market.
But interestingly ,any shareholder could now sell a portion of existing stock and lock in a small profit for their troubles.
It seems to be the case that the sp always remains above the issue price for CJO.
Also, take a look at the depth on the sell side, amazing it has just melted away, almost as if the larger shareholders did not want too much dilution.
There is a multitude of offers and alternatives that now face the company, make no mistake , there are good financing offers out there, as well as offers of a more corporate nature, things will start to hot up now, just a matter of time.