Is the SPP about to push the SP off a cliff???, page-125

Launched,

I, as one holder, agreed with you before the SPP would cause a small pull back, but this is the pull back. Once the reinstatement of the SPP was announced on the 6 December people will have started selling on anticipation of receiving their entitlement - and that may prove risky as the SPP is going to be massively over-subscribed. Presumably there will be some selling on allocation too. But this is nothing like normal SPP's given the delay.

Share's obviously normally fall on anticipation and announcement of CR/SPP's due to dilution, discounting and the nature of them, but this one was long ago announced and baked into the price of APT in terms of sentiment and some of the selling since 6 December probably will be due to the SPP. This is the pullback you are hoping for. Opportunity for you to enter....

It's a shame APT didn't add little scale-back clause like another stock I own (OCC) which allows the company to scale-back on terms of post-record date, suggesting preference given to subsequent buyers rather than sellers post record date.