spp extended as predicted!

Well - there we have it (no suprise I guess) - an extension of the SPP (although 48hrs early)! I can't help but think that the statement "The directors of Navarre are pleased with the response to the SPP to date" is nothing more than code for "we haven't recieved many applications or money to date" so we had better extend!

It could be very negative for this SPP if their share price remains at current levels of 14 to 15 cents during the extension period!