That was a concern I considered too Ajax. I reduced the risk by selling down some shares at $1.18 to cover the cost, hence swapping about 4000 shares for 5263 shares. If the SP goes to $1.50 on Monday then back to 95c about issue date this will obviously be annoying but nobody can predict the market, and IMO the SP has rallied amidst a barrage of anns and news from the company and may fall back a little towards $1.00 now they have likely got most of the SPP over the line.
Hopefully They could be saving another "48m at 154g/t" scale announcement for Monday though to try to pull in the last few B-pay subscriptions.
spp status, page-6
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$1.94 |
Change
-0.060(3.01%) |
Mkt cap ! $2.214B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $2.00 | $1.94 | $5.181M | 2.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 69014 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 3271 | 1 |
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