ok - my thoughts - not that they mattera - trading at less than...

ok - my thoughts - not that they matter

a - trading at less than cash backing (once the ATO cheque is banked)

b - nice 20% jump today ; still way off though

c - SPP

This means that new shares will effectively be "sold" at a 40% discount to vol.var.SP in the 5 trading days leading up to determination of SPP price

(20% discount as announced plus 20% interest on stage 2 which now will be refunded)

Is there an accountant in the company ????

Or was there a devious plan to maximise stage 1 of SPP - assuming the R&D refund was going to happen ?