Ann: Completion of Private Placement and SPP, page-12

Herbalist thankyou for your quick response,
the SPP and the low SP way below the offer price is strange to me and even if there is a short fall offered to Insto's at Circa 0.95 it does not make sense ( this is not the case as I understand it ) .
I've been holding and building a position in IPD for 2 plus years and must admit I'm extremely positive on its prospects going forward even more so now with CHF, however it like all companies be given time. Lets face it 75 Mil invested from Instos raised over a 5 day period, someone thinks this has legs.