It'll be very interesting to see how many shareholders take this offer up. I won't be; I've got more than enough invested here already. If the SP stays around this level for the next three weeks I can't imagine too many current shareholders selling some of their holding with the aim of buying back cheaper in the SPP either. After brokerage to sell it'd hardly be worth the effort - sell at 5.4 or 5.5 with brokerage, and then re-invest in the SPP at 5.3c Why bother? Maybe if some good news pushed the SP up to 6c we might see it happening, but even 6c seems a world away until all this cash raising is well out of the way. Really it'd be best if all the positive announcements could be held back till that time and then we may see some real benefit from them in terms of a SP rise. At present they'd just be wasted. We all need to go to Gilligan's Island for a month until this (necessary) blight is over I think.
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