I think it will most likely take place at a higher price point,...

I think it will most likely take place at a higher price point, retail SPP I’m somewhat torn on as I’ve made great returns on the ones I’ve participated in but they tend to have a negative effect on the share price for a while after when compared to share issues to a partner or cornerstone investor.

My preference would be no SPP if there is a placement to a partner or cornerstone investor, if for whatever reason a raise is done through instos then I would like to see an SPP as raises for instos always seem to get dumped anyway so we might as well be involved too.