I think if market price keep going at around 1.7/1.8 c or more, towards SPP closing date (15/02) This SPP will be more than likely over subscribed. The reason is company only offer $500k , so if we got 17 applications with $30k, $500k limit will be filled.($30kx17=$510k) so imo a scale back on application money is very possible. Of course, it price back to 1.2/13c around closing date, it might be a different story, will watch closely with interest.
MKG Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
