daytrades march 18 morning ..., page-17

GGP recently announced a placement to existing retail shareholders at 0.031. Normally, this would depress the price to the SPP level, but there's some interest here keeping the price bouyant. Can't see much risk in taking up the offer - up to $15,000 worth, which will almost certainly be oversubscribed if the current price is maintained. The fat end of town are already in for their chop at 0.035 and an 8c free option of two.