Well it hasn't gone north of 20c after the raise though has it?...

Well it hasn't gone north of 20c after the raise though has it? infact it actually dropped to the SPP price. I consider the "raise" the 17m placement. the 3m SPP is chicken feed that will be scaled back, albeit It's good the Company is giving the shareholders an opportunity as well.

I'm not elligible but have sold the company twice 20c+ pre cap raise and also on the ann of Kfw finance for good profits.

In reference to the comment from Kalenn, my point was why send in your SPP paperwork or do your BPAY or whatever until the very last day. The market may well fall over and you could pick up more at less of a cost and cheaper then the SPP price and still fund your investment vehicle?

If the SP was 15c id happily sell you my shares at 16.5c. Infact if it happens ill try ring commsec and organise a cross trade lol.