the SPP closes on Thursday.
I imagine only a few would have signed up in the early couple of days.
thankfully the other raise is underwritten so they will raise a minimum of $25 million.
I don’t think they actually care about the extra $3 mill… my personal opinion this was just to satisfy some shareholders who have been screaming for it for a few years at the AGMs.
I think the timing of all of this is a huge signal to the market. I personally think they’re getting their ducks in a row for a massive final quarter this year… this is the NOD to shareholders that many have been looking for. Yet all most of them are doing is complaining.
4.5 months left in the year… sit back and grab some popcorn
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