What is sweet about the SPP is the timing. So we have bought...

What is sweet about the SPP is the timing. So we have bought stk, made reasonable CG over 3 weeks, received div, received franking credits, watch new acquisition ann send SP to almost 3.00 that's 33% above entry 3.5 weeks ago.... and now we get offered shares in SPP at $2.55!! As posted I bought TOX just before HY results as i a) was expecting a strongish report, b) thought TOX was/is a potential TO target.

Mr Mkt doesn't care about the latter. He sees a company deeply embedded into a sector with expanding work, longish contracts, and significant barriers to entry. IF and its possibly only a 30% probability a TO does eventuate... it will be at a premium to the current SP. Stk does need more liquidity to make it more attractive to small-cap fund managers.