General comments/chat, page-24235

I hear what some of you are saying about being cautious as it may drop below 15 but I’d just think about the other side of the coin as well.

what if we get some good short term news that starts the recovery, there are plenty examples mentioned here.

what if the shorting does abate now? As they see no / limited opportunity going forward. Are they really gonna stick around to try and push another couple of cents out of this thing? If they do stick around it will have me a little concerned about what else they may know.

I get that it could be frustrating to pay 15 and then see it at 13 but at least via the SPP the money goes straight in the coffers and derisks us further. An undersubscribed SPP actual means we need a larger debt facility or worse case another CR at some point.

what if you miss out under 15? Have you got your orders I’m already it could be a fleeting dip if it occurs and the market will pile in.

I suppose it comes down to your longer term sentiment, if you don’t take part in SPP and don’t get to top up below 15 Or get less than you could have via SPP will you look back in 12 months and kick yourself...when the price starts to move up again and sentiment turns to the $1 party again will you start to buy on market in the 20’s?

for me it’s a good chance to average down and pick them up at a level I didn’t think we’d see again and also support the company with some direct funds so I will be taking part.

on second thought the BOD do appear useless besides James and Joe and I’m really angry that the SP has been smashed by the big boys and manipulated to this level so maybe don’t take part in the SPP....note to self if I keep telling everyone this I’m likely to get a larger subscription for myself

all IMO and of course we need to make our own calls that we can be comfortable with the consequences of at a later date.

good luck all.