Yes I agree Patchspike .
While I can fully understand that people are looking to buy lower , and many have successfully done that , there is also the option if you bought lower successfully and only held the shares for short time to sell around the $5 mark make a small profit but then use those funds to buy into the share purchase plan to support the company anyway .. not investment advice , just another option rather than thinking the spp is going to be over or undersubscribed to support the company that you are a part owner in .
I bought in the low sevens my last purchase but have $10 k left to invest in the spp and retaining it for that .
Everybody has a different perspective on this , but Coby has been tireless in his efforts in my opinion and the Jun 20 raise where so many got free options or purchased cheap options just after , have had their current and possible financial future change in a way most only dream of in their lifetimes .
He could have just did the raise with institutions only and be done with it , but he told us many , many times he likes to reward the shareholders who have supported the company on this journey .
This time it looks like (at the moment ) to his and the companies detriment .. but there's still a few weeks where things can change markedly.
To all the holders I say , remember what this company has given you so far .. some have realized their gains , some have only paper gains but all have a hope for brighter financial future and we have not even started yet .
So I'm personally going to support the spp as much as I can and I hope others do as well , because it's our company and we are very , very lucky to be part owners of it .
Aimo
Dyor and all that , but I think you'll be hard pressed to find something better , or something with so much future potential than this on the ASX currently .
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5 | 11900 | 2.500 |
1 | 5000 | 2.490 |
3 | 17272 | 2.480 |
1 | 8130 | 2.460 |
Price($) | Vol. | No. |
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