So true console but who will take them up with the share price on market currently matching the SPP price?
And with no news on this major find or increased flow rates the SPP looks doomed to failure. Along with possible further declines in currrent share price which will make FP look even lesss believable.
Logically we have to think that there has to be more to this because if you weren't a shareholder as at 10/6/10 you are not entitled to participate in the SPP.
So thinking out loud they could be punishing the SI's that dumped and rewarding faithful holders (big assumption there). But realistically managements message to all holders has got to be not to sell but hold on. Also there is currently no real incentive for new buyers either...so the million dollar question that is stumping us all is what will get the SPP over the line?
Has to be major news coming soon because in this market even if the SP raced through 10c current holders would still be worried that it would quickly retrace and still not participate in the SPP. But if it rocketed through 10c and satabilized in that area the SPP would be a major sucess. Furthermore the SPP closes on the 28 June thats only 8 trading days to go.
If something is not released soon of material significance then i will be astounded at managements decision to organise the SPP. On the other hand if we do something of significance it will all make perfect sense.
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