Hi,
It will be interesting to see what the final price will be for the spp, ie will the 5 day average go below 1.60. You get the 2.5% discount , but hardly enough to affect the decision. As well, if you do take it, you are stuck with a weeks exposure where you have paid your money, but can't sell. I will certainly avoid, especially as I would only be interested in a stag anyway. Certainly don't see this dog as worthwhile long term.
Correct me if I am wrong anyone, but this is not underwritten?
If that is so, and they raise very little, where does that leave their '' strategy'' ?
retail SPP, page-37
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