Yes I agree, I doubt whether many shareholder took up their SPP entittlement.
I took up my 150,000 shares at 10 cents.
I'd think once everyone realises that the takeup was low and not as much dilution as expected then we might head back to 15 cents quickly as the Zinc and lead prices are
rising.
Zinc
July 31,14:01
Bid/Ask 0.7787 - 0.7832
Change +0.0000 +0.00%
Low/High 0.7787 - 0.7832
Lead
July 31,14:01
Bid/Ask 0.8351 - 0.8397
Change +0.0000 +0.00%
Low/High 0.8351 - 0.8397
CBH is now making US$6 million profit per quarter for zinc at current prices.
Yes I agree, I doubt whether many shareholder took up their SPP...
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