Ann: Completion of Upsized Underwritten $100m Placement, page-150

For those playing at home, I sold at 89 on open after the SPP announcement. I considered it a very low risk trade. Some thought that was short sighted.

I bought back in today at 81. Yes, I only have 10,000 shares, so I'm playing for "parmi and pots" as some put it. Still, I'm $800 up with the exact same investment and at no stage did it look like I was going to be caught out.

In short, that's a 9% return in under 2 weeks with very little risk. I'm quite satisfied with that, whatever I get accused of.

I've also subscribed to the SPP in full, and anticipate that I'll make a nice amount on that too. We'll probably stay 80-85 for the coming week. In much more speculative, less evidenced estimates, I am guessing we will see 90c in the first week of June.