notice received, page-23

Thanks for taking the effort to post that chewy. Timing seemed very illogical to me unless, as previously stated, they were obligated.

"I told him of my reservations in taking up the SPP in light of the uncertainty of the Ann (e.g. could be a placement at 10c) and he said "the shares will always be on sale so if in doubt don't take up the SPP and wait until it reopens"

What the...

Shares will always be on sale? Oh, might as well wait a few years then if I'm in doubt about the SP... Nevermind if it's $1+ by then!!!

Aren't we all always in doubt?

Ha ha. But I'm sure the person you spoke to just gave you the correct company line.

I will be very annoyed if there is a further placement at 11.5c. Hopefully this is not the case. I cannot possibly envision the placement being below this.