With the SPP offer of 1 option for every 2 shares purchased...

With the SPP offer of 1 option for every 2 shares purchased ........ I think the exercise price for the option at 65c is way too high.........I must admit that with most of the options I have ever held in other Co's most weren't taken up because they were so far off the mark from the S/P at the time the option was due to expire...I don't think this one will be much different if things stay as is...like everything on the ASX it's a risk except this one is a free attaching option.

Deep in my though process I would hope this Co get's back to it's high points as the S/p has fallen significantly over a short period period of time with no real apparent resoning for same......or am I missing something !!!!

If S/p falls again this week then IMO SPP will not get full uptake.