why pay 3.7c, page-8

Can get tricky anticipating board activity and reasons. With regard to sp, it could also be below the spp as long term holders, knowing that people topping up would take profits, then know that the sp wont go over spp by much for a while. Their long term holdings have rocketed recently, especially since the 1c days, and they want to shift a bit elsewhere in the near term. But then where can you stop with cause/effect reasoning on sp vs spp, find it interesting though.

Can’t find any details of underwriters, if its undersubscribed does anyone know if the directors will take up the rest, guessing from the announcements that they would?

Tend to just partially agree with Rollojones, as I regard it as a calculated risk that they took. Teleco competition in these vast potential markets is very high. A bit of risk taking is healthy, and in all likelihood, they’ve always had a good and convenient way of clearing things up already in place.