share price support

Well, it is effectively now too late for anyone living in the eastern states to send their applications for the SPP.
It will be interesting to see, whether the recent price stability was just means to make the offer look attractive or not. I have noticed yesterday, that a bid for 1 mil shares at 9c was pulled during the day. Taking a cynical view, the bidder never had any intentions to actually buy any shares.
I have applied for the shares anyway, but only because I managed to offload a few at 12.5c. We'll see if they do anything useful with the funds raised.