Now that we have had a terrific share price rise on the back of outstanding news ( and how good was it ) , can we now expect to see Directors of Gem start to think about re-introducing the previously scrapped SPP to raise some additional cash and at the same time, "reward" the private investors ,who missed out at the last raising .
You will recall the last proposed SPP was scrapped due to the fact that a SPP can only be undertaken once every 12 months and the Directors estimated that it would only have a very small uptake at the time. A smart move by them.
Directors of Gem , I for one, would like to see the re-introduction of the SPP entitlement in the near future . GEM is already my largest personal holding but I wouldn't say no to an averaging up on my holdings.
GEM Price at posting:
$3.54 Sentiment: LT Buy Disclosure: Held
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