Ann: Share Purchase Plan to accelerate work programs, page-37

Only been with this company since Monday and am already impressed. I have been on so many companies that did NOT strike while the iron was hot and raise at ridiculously low prices when they could have raised at higher prices, or worse still raised too much at the lower price.

I have also been on a company where they raised at 30 cents and the share price went to 50 cents within days. So to see the price hold at around 65 cents so far is giving me great confidence.
The fact management took this opportunity to one, not only perform the raise as a SPP, but two, setting a price of 60 cents, speaks volumes to me. They are looking after their shareholders and not their mates (even though their mates could be shareholders now after the action over the last couple of weeks) .
And by setting a price of 60 cents it should form a base for the newly elevated share price. It's like raising a house, once you jack it up you need to put some chocks in to support it.

Well done team.