Yesterday being the last day for ON MARKET trades to settle on record date (12 June) for SPP entitlement and the Free option entitlement with the SPP offering, the price should drop back down to around 50-55c in the near term.
There has been some really attractive SPP plays of late
Just to name a few...
GNC @ $6.25, last traded $7.40 (19% in the money)
FMS @ 5.3c, last traded 5.7c ( 8% in the money)
MAK @ 43c, last traded 66c (50% in the money)
NMS @ 50, last traded at 58c (18% in the money)
Good luck tp MAK holders on this thread!
Regards
spp on market now closed
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