Each to their own. I am already over weight in AJM. The SPP for...

Each to their own.

I am already over weight in AJM. The SPP for me gives me possibly more leverage for very little outlay.

I'll apply for the full amount and see what I get.

I can then sell down to my required holding anything above 13c and keep the options. Options for free basically.

I'll either sell the options if they are listed or exercise them if they are in the money. Probably from the cash I used to buy the initial SPP parcel with. That cash is free to be used elsewhere for 3 years...

For me it is a low risk trade with a good return ontop of my existing holdings..