As I read the announcement the SPP is priced at $3.00 or a 5% discount to the 5 day market VWAP leading up to the close of the SPP.
I feel that if the price drops to $2.50 by the 15th of April you will be buying at $2.37 via the SPP.
I could be wrong on this but I don't think that I am.
Regards
Lockitt
why another placement, page-40
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Last
$1.55 |
Change
-0.010(0.64%) |
Mkt cap ! $189.2M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.56 | $1.55 | $33.19K | 21.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 14685 | 1 |
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