I agree this SPP will be fully subscribed if not over.
The first reason is that since the last SPP GGP has reduced debt and brought on line a number of prospects with a higher than avg chance of success hopefully.
The coverage of the stock has increased with the investor road show and the speculator taking re-newed interest.
The number of shares on offer (assuming 2.5 mio is taken) represents approx the number of shares that were taken up last time at 3.5cents with the free attaching options (1 for 3 I think it was). There certainly wasn't the same enthusiasm for the future back then as there is now.
All the pointers are heading toward a scaled back issue with this SPP but only time will tell I guess.
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