What will be effect in the event that the uptake will fall way short even after extension of closing date?? Will an offer be made to sophs at an even deeper discount to current prices - in which case current sp will probably dip further?? Can they make do without the funds they're seeking??
Current sp is not very enticing for the cr uptake and buying on market may still be at a premium should an offer to sophs be made. Whether it's a bargain at these levels or not will only be seen down the track - hopefully at some point company will be trading above teens, at some point, a point a long way from current. The timing for this cr at the levels offered is gut wrenching as is the sudden and unexpected change at the helm - it was only a short while back that one was watching presentation videos and then ...... AIMHO
SPP at 0.085, page-18
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