Today I sold some shares that where in the red, so I have the...

Today I sold some shares that where in the red, so I have the money for the SPP.
They are in a downward trend but one positive ANN could change all that.

Money to take up the SPP.

My thinking at this time is  unless the SP goes above say 1.250 which is about 9% above todays price I will not bother.
I am a bit jumpy about the current market and it is quite nice to have a bit of cash.

Ideally I am hoping, as I have mentioned before an ANN about CleanTeq Water to give the share price a bit of a boost.

I am, to say the least, quite heavy on CLQ so what I also might do is sell say 7ooo shares, in two lots and make an as yet undefined percentage above the SPP , and use that money plus what I have from sales today  offsetting  the profit I will make on CLQ to the loss I have on the ones I sold today.

Will make up my mind a few working days before the 18th.

If the SPP is oversubscribed do we get a proportion of what we subscribed to, or is it first come first served?

I think the SPP was for $87 million altogether, or was it $150 million, or could it go up to that amount?

Always in the back of my mind, BFS and following on from the rest of the finance for the project.

World Water Day was the 22nd March if anyone is interested. http://worldwaterday.org