Yeah, so how I don't understand why a reminder to the market that an SPP offer is closing shortly is price sensitive. (I been in stocks that have big partnerships announced and don't even get a PS from the ASX)
From a company perspective, why would you even bother doing an announcement for this in the first place..... Unless of course like others above mention there is a low uptake. Which must be the case, investors have been able to accumulated at market for same price recently.
The good that I take from it is there won't be a big sell down below .008 should be onward and upwards now on next positive news.
Ann: Red Sky Share Purchase Plan Closes Tomorrow, page-11
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