A couple of large dumps today but has recovered on extremely thin volume. Could be a wild ride for a while as the SPP overhang (which hasn't even started) works its way out.
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A couple of large dumps today but has recovered on extremely thin volume. Could be a wild ride for a while as the SPP overhang (which hasn't even started) works its way out.
My spp chq was banked yesterday, so I guess we''ll hear shortly how much extra they raised. I think they expected the new shares to be listed on 24th. Things certainly got a bit volatile yesterday with the sp. Maybe a few had waited to the last minute to sell their original shares, got caught and had to cover their cheques? There were certainly some strange movements.
SPP results are in. They raised more than I expected. Good to see management buying in too!
Yip, three directors maxing out their entitlement is always a good sign. They aren't scared of Sorensen like a little Moose we know.
I'm just annoyed that the first trade today wasn't at 2.5c as it would have helped my chances in the stock pick competition.
spp shares have been allocated. They weren't showing on my DB portfolio, so I rang them and they checked the register. I had to add them manually. I guess there is a letter in the mail.
Bit of confidence being shown this morning at a 20% premium to the spp. If it holds it's better than I expected on no news.