"I think the placement shares have already been priced into the...

"I think the placement shares have already been priced into the market. The only reason the SP may fall will be if current holders flood the market with their 28c entitlement shares from the 1st July.

In that case the market will act accordingly"

Petergm, I agree that placement shares have already been priced into the market.imo anyone selling their entitlement shares would have calculated how many they are likely to be issued & sold down their holding already

cheers AL