Industrea (IDL) announced on the 31/8/2009 that they would be conducting another Share Purchase Plan to raise additional capital. The record date is the 1/9/2009 on which shareholders must own the share to participate in the SPP. The closing date is 9/10/2009. Shares will be issued on 15/10/2009 and begin trading on 23/10/2009. A maximum of $15,000 can be purchased by each shareholder at $0.42 or a 5% discount to the volume weighted average price (VWAP).
Discount : 11.6% Liquidity : Good Profitability : Good Stability : Ok
* Note: Discount is based on the closing price on the 31 August 2009.
Tags: IDL, Industrea, Share Purchase Plan, SPP
