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turbohectics

1,189 Posts.

295

27/11/20

09:51

Post #: 49182838
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Originally posted by dpdebrec: ↑

It would not surprise that SPP will be closed by the weekend as I previously posted.
They cannot accept more than $ 1 mill, therefore, any s/h who applies for $30k max will get their fill at the raise price of .055 c on a 1st come 1st serve basis.

i know quite a few s/h who have already applied for their full entitlement.
Which s/h that has the capacity would not take up their entitlement ?

You only need 33 s/hs to step forward to apply for their full entitlement.

The only short term weakness will happen next Tuesday when the sophisticated investors will be allocated their stock.
I would expect up to 200 mill shares to hit the market. But 0.06 c should hold before the stock advances to the 1 cent level.

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You dont know anyone who has participated in the SPP as it has not opened yet and the unique bpay details to pay has not been allocated.

For anyone thinking about applying for the SPP do it with no fear of missing out as you will be refunded anyway if your application is not successful.

EN1 Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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