Re the propsed SPP. Contacted management 5 mins ago and got this info:- The SPP lodged with the ASX recently was priced at 7.5c based on last weeks trading figures. This price can be altered. However more importantly they informed me that under ASX rules it takes 21 days to organise an EGM which complicates the timing of the SPP and with the 28 days for subscriptions to close; ipso facto SPP will not take place till the end of June.It's going to be a cheap entry point compared to Dendreon. Still think this will buy my harbourside mansion.
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Re the propsed SPP. Contacted management 5 mins ago and got this...
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