re: Ann: Institutional Placement and Proposed... I assume people knew about it and wanted in for the SPP. The 78c should underpin the share price, cant see price going below 80c in short to medium term. Worthwhile to hold it out for a bit now and see how things look when the dust settles. Though it may not move much in the short term either and share base is diluted by 30% now as well.
I am interested to know order book size and prospects going forward. Overall it is not great news as I was hoping STS could be around $2 in 8 months but this looks less likely now. Is there betterv alue elsewhere? most likely.
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