I wouldn't say the SPP at a big discount to NTA was a stuff up. If I was management and wanted to raise cash, I would do the same, it would be a big difference if it was done way below the market price. I'm not too sure about Wilson's interest aligning to shareholders, look at CIE, they walk away with an equal access buyback at NTA whereas remaining SH miss out. In markets everyone is out looking after their own self interest. Will be difficult to accumulate this one on market. Look what happened with the dip today, buyers coming back... I was hoping to pick up a few more lower down... back to waiting
FPC Price at posting:
$1.27 Sentiment: Hold Disclosure: Held
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