re: Ann: Notice of Annual General Meeting/Pro...
Looks like management are looking for a cap raising.
“That, pursuant to and in accordance with Listing Rule 7.1A and for all other purposes, Shareholders approve the issue of Equity Securities up to 10% of the issued capital of the Company (at the time of issue) calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and on the terms and conditions in the Explanatory Statement.
This won't be good for SP unless the quarterly result has some good numbers in it.
QFX Price at posting:
5.4¢ Sentiment: LT Buy Disclosure: Held