did anyone else jump on board the registery for the SPP at 20cents?
I'm trying to count my chickens before they hatch, my maths are as follows -
with 711 different HINS at 30/09/09 and taking in 22.8million, assuming everyone puts their 15k in then we get a 50% scaleback on stock trading at 40c+ so 7.5k profit.
That's if everybody puts 15k in. And I didn't take a note of the increase in the registery size following the announcement, that for some reason wasn't flagged as price sensitive and didn't appear on the Mayne report so I think slipped under a lot of broker / trader / punters radar.
Bio's are a hot sector at the moment and I'm loving this free ride exposure
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