I'd like to remain an optimist. After all, the total sales at sub SPP prices represents probably around 10-20% of all the $33m placement and may represent a tranche of "less" sophisticated "sophisticated investors" hitting the panic button. Hopefully, the key institutional investors are still on board. Maybe SLX needs to make a teaser announcement to get the SPP to lift off, hopefully followed by the blockbuster announcement at the AGM later this month.
I did say I like to be an optimist.
Ann: Share Purchase Plan Offer Booklet, page-14
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