Ann: Placement Completion Announcement , page-5

Exactly Mr Paul. Everyone got their knickers in a knot and went off before they knew all the facts. Probably the same ones that jumped in at those inflated prices without doing any research.
ALL existing SH will get the SAME PRICE as the instos, but, the company needed the dough ASAP and couldn't wait for those formalities.
Now WE all get a crack at .22!!!! Bloody unbelievable!! And that goes into another well in 855!!
BUT, you have to be a registered SH and we will get all the details after they are sent out on 16 November. This is a double bonus for SH. First we crack Halifax-1 and because the market is in such a mess we can still but ICN for .22 with the SPP, even .27 on the market. Amazing.

Why would anyone sell at .26 and not be registered for the SPP at .22??? Get your SPP entitlement and THEN sell if you have to, but, not BEFORE.

Dump and jump back in, somebody asks. Great idea??!! Then you miss the SPP. There are some people on this forum who can't see the wood for the trees.
Just goes to show that you shouldn't jump to conclusions until you know ALL the facts. R.J. knows what he is doing, MUCH more than most of us!!