spp closes today

with NOT a single poster/reader on here stating they will take up the SPP at 12c.

one has to assume there will be some who would have but with the SPP per shareholder being so miniscule its unlikely it would represent a very large amount if anyone did at all.

I think you might see the Top 20 holders taking up some of the SPP either directly and or through Bell Potter where they are not shackled by the SPP conditions.

The QTK and Bell Potter advice re allocation will be interesting reading.

Could make a case for the con note holders through BP taking up a fair share of the BP allocation as well.

and finally......NO news from QTK as a few "nutters" had suggested on here.

Didn't have to,it was never set up for the punters IMHO.

I wonder why???

LOL