qqqqqqqqq..it has been re-rated only downwards. From just a glance investors not liking
1. 79.5% SPM/SPII holding (the document itself describes it as a possibly deterrent to investment in the project)
2. Over 1 billion shares issued
3. Talk of CR's throughout 14/15 & 15/16 (how many shares issued by 2016 is anyone's guess)
I'll have a thorough read tonight but at the moment punters giving it a big thumbs down.
EGM, page-10
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