Australian Enhanced Income Fund (AYF) announced on the 16/7/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 30/7/2009 on which shareholders must own the share to participate in the SPP. The closing date for the offer is 14/8/2009. Shares will be issued on 20/8/2009 and begin trading on 21/8/2009. A maximum of $15,000 can be purchased by each shareholder at 1.5% discount to tne Net Asset Value (NAV).
Discount : 33.3% Liquidity : Poor Profitability : Ok Stability : Poor
For More Share Purchase Plans go tohttp://blog.mdsfinancial.com.au/category/share-purchase-plans/
To Buy Shares And Participate in Share Purchase Plans use Trader Dealerhttp://www.traderdealer.com.au/
Tags: Australian Enhanced Income Fund, AYF, Share Purchase Plan, SPP
