SL1
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Well that's a bit radical - withdrawing the SPP totally. So......

  1. gosouth
    3,050 Posts.
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    21/11/14
    20:30
    Post #: 14333159
    Well that's a bit radical - withdrawing the SPP totally.
    So... was the real reason the share price?
    Or was it so embaressingly poorly supported that they withdrew it to avoid a bad market perception?

    Well ... given they pitched the SPP right in the middle of a sharp market correction - and they arent actually that short of funds .... maybe they shouldn't be that surprised at the investor reaction and should take some responsibility for a what is a stuff up.

    I hope they don't do a convertible note or equity plan, they are even worse options.

    Gosouth
    SWE Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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