If you look back at the charts following the WFM 3 for 5 share offer @ 3.5 cents in February 2010, you will see that the SP hung around at 3.5 cents for about a week then quickly climbed to around 6 cents.
Money is tight at the moment and we have no way of knowing whether WFM will reach its target without the need for a scaleback.
Personally I believe WFM should grab every cent it can get under this SPP before GFC2 strikes. [NOTE: GFC2 is not the Geelong Football Club after the departure of Gary Ablett and Bomber Thompson]
WFM Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
