Originally Posted by
Baa_Baa
Incorrect, is this deliberately misleading? :t_down:
The SPP price will be the 7 day prior closing price average determined at close on Thurs 25th, which currently is $0.387 at Friday 19th. The premium to market price right now is 7/10ths of one cent for the satisfaction of putting your investment into the company rather than another shareholders pocket. The lower the market price goes, the lower the SPP price will be, but if the average goes above $0.40 the SPP is capped at $0.40, hence a discount to market.