hi cmhan
normally you would expect about 1/3rd of shareholders to take up these offers, but going on the unbelievably strong buying today it is quite possible that the SP at the time of the SPP could be significantly higher.
you would assume the number participating could be higher than normal so will be hoping for around 25000.
very quiet today folks, is everyone stunned??
volume was higher today and definitely seemed to still be healthy buyers in the queue.
what a difference several big names backing the company makes. just between Baillieus and Macquaries there is serious buying power, let alone our new overseas friends.
buysellsignals has been posted here before and its never been that flattering, here it is.
most important thing here is for the first time in a while we have closed above our 200 moving average, bullish signals popping up everywhere.
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