Seriously who does a SPP in this economic climate? 2020 yes but...

Seriously who does a SPP in this economic climate? 2020 yes but it's a terrible idea right now. They will not raise 1.5M because of this. You watch the SP will slip to 10c and then who in their right mind is going to buy into a higher priced SPP? Should have just kept it as CR, got it over and done with as quickly as possible and moved on to greener pastures. We are now in a frozen state for the next month whilst the SP withers below the offer price. Thanks but no thanks. Retail is better off buying on market at the time of any raise in current state as the SP generally falls below offer price for any company at the moment... 3DP should have evaluated current conditions better.