Still looks good, SPP is raising minimal amount, given market cap it will have very minimal impact on dilution. Now have to wait as people are dumping all but small parcel of their stock so they are still eligible for the SPP, hence short-term reversal. You will find though, as closer to SPP shares issued we may see a run...some companies actually do SPPs then after record date release more news to entice people who took up SPP to hold it longer rather than just dumping when they issue the shares from the SPP. Overall it all looks fairly good and it is right to be bullish on this stock...
FAS Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
