Ann: Nearmap SPP opens, page-36

Nah don't work for them and I don't like retail SPP offers at all, as they slow down sp movements either way and stalls progress. They lock up funds with buyers usually sending more money in to get allocations and tying up money for weeks before they get refunds on scaling back. I have not even bothered to read the details as you rightly figured out as could not be bothered. As the participants in SPP offers are usually supporters or buyers or traders of nea it slows down normal asx trading which I find very annoying. I won't worry if it fails to get filled totally because I'm sure they can have another CR into future for other institutions. It will be a while before we see positive Catholics in USA especially as they use he accrual system with earnings, but others can correct me if I'm wrong again.