From what is being said, it seems that some holders as at 10 June are selling up shares(which are being bought by those who obviously think the price is attractive), taking a tax loss for 30 June, and plan to buy back in at 2.2c depending on what FP news is released before the SPP offer closes.
This SPP is not a concern for me as it is kind of win:win. If the SPP is not popular there will be minimal dilution. If the SPP is popular it means that news has been released and has been positively received and there is a reward for shareholders and some money in the kitty for FP 2 (and 3...)or other projects.
The whole world is in a tizz. keep your head.
IMO
fausse point flow rates, page-6
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