spp destroys share price!, page-2

Not always the case...im on a 78% win record for SPP's I have taken up in full.

IF the share price fall below issue price near the close of the SPP, you dont take up the SPP and thus you dont lose anything.

In fact, you gives longer term investers are chance to buy in at a cheaper price if thats your throery.

ESI recently did a SPP at 2cents, just 8 weeks ago.
They also offered free options at 2c for people who took up the SPP.

Stock is now up over 400%

They should make the record dates, the sme dates as the announcement is revelaed, that way it dont not allow for day traders to get in with a small holding which then increases the chances of a scale back (at the cost of long term holders expense).