Good news in the pipeline is a reasonable possibility behind the...

Good news in the pipeline is a reasonable possibility behind the SPP extension @kevg91.

Another reasonable possibility is that less cash has materialized in the company coffers (compared to what 3DP were expecting) & they need to extend the opportunity for shareholders to experience a change of heart (or a rush of blood) & eagerly participate in the SPP to raise more cash.

I'm anticipating participation in the SPP has been underwhelming & that a substantial shortfall will end-up being dumped into the Market. Perhaps there'll be an opportunistic pump in Oct / Nov similar to the one back in Dec 2017 / Jan 2018 when the SP went on a quick journey from 4 cents to 16 cents (which facilitated the conversion of performance rights) before descending down a 6-month slide back to $0.025.

It'll be interesting to see where the price goes during the next few months. Who knows, perhaps another Beven Slattery type character will unexpectedly appear from stage left & drop a few extra million into the 3DP kitty.