So you don't think the SPP and the statement in the announcement that they have had to issue large amounts of capital at similar prices will not have a hold back effect on the price.
A small price rise on the day after the announcement which is sitting just above this price is bugger all.
This is worth more but until decent production figures and ongoing production figures are seen the price isn't going to move much and when it does it will be beat back down very quickly as people exit with a small profit thinking thank christ I'm out of that one. There is lots of shares out there purchased at cheap prices by people who bought in at 12-15 cents and have acquired more through SPP plans etc.
I am a holder and will continue to hold but don't expect to see huge price increases in the future until they show the market they can actually do it, something they havent got close to yet.
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