Ann: Update - Proposed issue of securities - WOA, page-4

Unless WOA can provide a very good reason for the cap raise (above and beyond their vague reasoning that was basically a repeat of the previous cap raise last year) or release another big announcement, the SP will typically drift to the 75c CR price.
If last years 90c CR is anything to go by, the SP had a few brief moments above 90c but struggled to stay above...

The SPP opens in a weeks time 06/12/21 and the results released 24/12/21. With the SP at 76c now (and a good chance it will drift lower), I don't see any benefit in subscribing to the SPP, only to have $$$ locked away for a few weeks with the potential to be scaled back.