Ann: Gryphon Minerals completes A$58.5 million sh, page-4

re: Ann: Gryphon Minerals completes A$58.5 mi... The current SP at $1.34 is dirt cheap for this stock. And while the $10m SPP is in the offing at $1.30 per share, the SP is not like to rise much above this current low price, providing an incredibly good opportunity to buy-in cheap. Also, as with the previous SPP offer (which was for only $3m) this offer will again be over-subscribed. So waiting for the SPP process in the hope of scoring shares at $1.30 is likely to leave you frustrated with a partial allocation. It seems many are beginnning to realise this already with the SP tending upwards.