There may be some profit taking but I don't think it will have much impact on the share price. Assuming they stick to the 7mil allocation (or thereabouts) we are only talking about less than 1% of the total market cap coming on the market in extra shares. That's also assuming that everyone who participates in the SPP are in it for a quick profit. I'm sure there are a lot, like me, who intend holding regardless of the short term price fluctuations.
SZL Price at posting:
$7.01 Sentiment: Buy Disclosure: Held
