" If we go below .17 nobody will sign up for SPP. "
Well, mate, what can one say? They are not silly, so to leave a CR till the SP was low might have been intentional? What else can one think? What better way to provide cheap shares? And maybe when the SPP is over and the shortfall taken up, they might drive the price up again?
It might have been a better option for us shareholders to draw on MacBank just now if they really, really needed more funds just now....
Disappointing....but then, I've already said that, havent I?
GZ
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Nick Poll, Executive Director
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