SPX 11.1% 0.8¢ spenda limited

The CR is at 0.9 which is a premium to the current SP @ 0.7....

  1. 893 Posts.
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    The CR is at 0.9 which is a premium to the current SP @ 0.7. Doesn’t bother me if they are increasing working capital & first loss by the directors dipping into their own pockets. Even with the free oppies they still don’t come out on top rather than purchasing on market at 0.8. Risking their own cash for once rather than retails. The instos wont be happy if the SP isn’t significantly higher than these levels.
 
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