I think it would be silly to sell at this moment...would be very...

I think it would be silly to sell at this moment...would be very difficult to pick the bottom and it will jump of the bottom extremely quickly as there are probably some large buyers waiting to buy up a heap at once.

Bit worried about the second SPP. If they pitch it too quickly they may set too low a price...it could place a ceiling on the share. I think they should wait, use the money they have to confirm one contract, then the price will get above 80cents and issue then. Any rush to issue too many shares too early will mean more dilution, too much cash to play with (i.e. better to keep the board on a tighter stringer or else they spend it on bonuses and go into autopilot mode) and possibly be misinterpreted as a sign that the company thinks the share is overvalued. I want the power station to progress quickly...just hope they wait a few months for the second SPP.

Looking to pick up a few more myself today if it does go into the low 30s...don't like my chances though!