Subscribe to SPP or not?, page-3

As they say the market usually decides for you.
The big unknown here is whether Simon takes up all his options to stop the dilution of his holding.
He is probably holding too much of the company already, but then the CR was at a 30% discount.

I always think of opportunity cost, and supply and demand. 10% of company shares turnover already.
If you really want a lot of shares , I would buy some on market, and apply for a few extra in CR.
$15million is quite a big ask for such a small company.

Then again their maybe better other buys, for less risk on the market.