re: share price /spp difference Barracuda,
The SPP closing early has made a significant difference. The original plan was to issue a maximum of 41,063,801 shares. That would have raised $31,208,488.00.
The early closure says that 3,600 shareholders have sent in appprox $18 million at closure - therefore it's closed off with just over half issued.
2 points :-
They know they don't need the money so much now that royalties will be massive.
Dilution will not be as significant, and most buyers I suspect won't be selling in a hurry anyway.
The volumes turned over every day at the moment won't notice a few sellers daily going through - so I think it's a relax and stay on for the rest of the journey.
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