Would it ? Psychologically maybe.
Non holders will have to buy via ASX if they sense a future profit, so if there’s enough demand it should push the SP, regardless of the spp, imo.
Holders would surely channel their $$ into the SPP I would think - you get the Options at $0.65 plus the funds go direct to Galan. The way the SP is responding to the futures, plus any good news from glencores funding is starting to make a $0.65 SP
look not too distant, then you’re in the money with all upside free.
General Discussion Banter GLN, page-14640
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