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clock Created with Sketch. 16/09/21
18:56
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Originally posted by DaveyD:
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What are people's thoughts on this? Initially I thought I would take up an allocation close to $30k but with the share price down recently it's given me pause for thought. I think Fineos has a great future but I wonder whether there might be an opportunity to pick it up at less than $4.30 in the not too distant future. The institutional investors have likely had their fill so perhaps the share price won't move too much higher from here solely based on retail action. And it might actually be vulnerable to a short term hit after the SPP for retail investors is completed.
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I participated in the SPP around 12 months ago at about the same price. SPP didn't seem to affect it on its way up to $5 then!
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