Ann: Placement and Share Purchase Plan Update, page-90

I suspect the sp will head lower all week. It’s how Paul hopper designed it… there is no incentive to drive the share price higher until Monday next week for retail. By then much damage will have been done. Hopefully not permanent damage but we’ll have to wait and see.

there is the incentive thing mentioned above but there is also uncertainty which the market is hating. We don’t know at what price the spp will be executed and whether it will be scaled up, down, scrapped; and therefore how much dilution or lack there of will we end up with. It’s a killer.