RE: Proactive video28 Oct 2018 10:31
Initially could not understand why this should send SP diving further. Was very positive although, reading between lines, the plans all require investment of huge sums, so maybe fear of dilution from capital raising could be the answer. No-one wants to wade into the market even if there may be big profit in the blue yonder, while there is a whiff of Placing even cheaper around the corner. Also talked about SIMEC people being under contractual bar to adding to holding at this time. But might they not sweep up minority (us!) when that time is up? Hmmmm