Toro Energy (TOE) announced on the 15/9/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 26/10/2009 on which shareholders must own the share to participate in the SPP. The closing date is 13/11/2009. Shares will be issued on 20/11/2009 and begin trading on the 23/11/2009. A maximum of $5,000 can be purchased by each shareholder at $0.15.
Discount : 37.5% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 17 September 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: Share Purchase Plan, SPP, TOE, Toro Energy
