JessieLike you believe CNN is in the right market at the right...

Jessie

Like you believe CNN is in the right market at the right time (now) and needs to plan for contingencies - however they also have to fight a track record of continued SPP's with little to show for.

Hope that we have turned a corner (plant and much better sales ) and as long as the master plan makes sense happy to partake in another SPP.

Preferred option: fully underwritten - or a placement to sophisticated investors etc

We do have to watch to continued dilution though and a firm eye on sales - be great if CNN can hit the 5 mill target for FY !!!