Zxc, it is actually a very interesting philosophical issue you, Pezz, and all of us are discussing. Consider this. If they wanted to raise $10 mill ... would they be able to do that via a SPP at (wait for it) 20cents ... with oppie attached. That would mean the retail shareholder base would need to buy up 50 million shares at 20cents ... knowing full well that they're trading in market below that. HOWEVER ... if we did that, we'd also know that the company's financials are very secure for quite some time until capex requirements. So would we be prepared to buy up 50 million shares at 20cents? I actually think they could get that away. Just pondering ...........
General comments/chat, page-23887
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