re: placement vs spp cheque worry . I wonder if dumping by placementees after 4th March ahead of the SPP close on 8th March will cause the SPP to be a dud. Often SPP applicants hold off until a day before closure.
$9M of placementee shares, if dumped, could drive the SP below a worthwhile margin for the SPP. The SPP is only at a 10% gain at present which is a relatively thin margin already.
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$33.18 |
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Mkt cap ! $7.983B | |||
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