It's a tough call. I sold a chunk the day it came out of trading halt, at 7c. My plan is to now fade the move lower buying a parcel every 0.5c, next at 6c for me. If I get filled as it moves lower then obviously nothing for me in the SPP and I will end up with more shares compensating for not getting options. I can't see the SPP raising what they wanted if SP remains down here (or lower) which is likely, it just doesn't make financial sense to buy SPP IMHO. I am more cautious now because the reality is cash burn and further delays are being factored in which caps the SP big time. I am still a believer after speaking with management, but this is now an exercise of managing the risk around my own investment. EGM on 5 October will be interesting, I plan on attending (no details where it will be yet).
QPM Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
