The SPP is a good way to show support for a company directly. I wouldn't agree the comment that the SP 'always' goes lower after a CR. Plenty of stocks that I've been involved with actually trade higher. Speccie stocks can be hit n miss (imo, have examples but don't want to cross promote). One has to really look at the under lying fundamentals; does it have the foundations to grow and or become better? In this case, it is now a confirmed great resource and is mineable, so for me YES. Once they have cash in the bank, this could propel the SP higher away from the raise price and you'd miss out, then have fomo. It is certainly undervalued now, let alone 7, 6 or 5c.
T/O target?? maybe, but there are a few good gold plays at the moment.
Another side comment, Zeff may even do a raise with an attached 'option' to lure retail back in, ie. buy two shares and receive one option for say a one year expiry? Just a thought.
Good luck heyline, DYOR obviously and best wishes.
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