If they need funds so badly why not take as much as they can from the spp? 5 mill is definitely not going to be enough to go around all of us. What's the point of having all that cash tied up just to know your getting scaled back, I recently took part in spp with a different company in similar circumstances at 26c and now the share price is sitting at 23c.......I know my 10,000 will be scaled back and I feel pretty confident this will slide under the offer price, I'm not taking part in this sorry offering its just little bit less offensive than last raising when they left us out of the loop completely
Ann: Immutep Capital Raising Presentation, page-18
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