Bit of deja vu here.
Remember the Cap Raise way back when at 55c.
Out came a few announcements and bingo 120 or so while everyone is swallowing up 55c shares like crazy.
If, and a big if, KP or CMS announce something while the CR is still open it will be oversubscription time again.
Hey wasn't there talk of the next cap raise (ie this one) being at 10 cents or two cents or something?
I reckon Management should be congratulated for having buyers line up at 35c, not even that much of a discount to the current share price, and a bit premium to the 19c it went down to at one stage not so long ago... SPP oversubscribed no doubt
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