strong bid at 34c, page-18

I agree that it is looking very good right now (hence why I bought back in on the announcement). I won't get to participate in the SPP, but doesn't bother me. Investment from EIG is a major vote of confidence in the company and its assets.

In terms of short term share price, anything could still happen. While the supply side is looking thin at the moment once the new share issue hits it could create surplus supply as ppl sell out their 31.5c parcels (assuming share price will stay a above the insto issue price). So it could easily go back down. Having said that I think the upside potential is greater than the downside risk, so I'm happy to hold these and see what happens.