Reed Resources (RDR) announced on the 25/8/2009 that they would be conducting another Share Purchase Plan to raise additional capital. The record date was the 25/8/2009 on which shareholders must own the share to participate in the SPP. The closing date is 25/9/2009. Shares will be issued on 5/10/2009 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.33.
Discount : 12.0% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 25 August 2009.
For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/
To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/
Tags: RDR, Reed Resources, Share Purchase Plan, SPP
