Over Fifty Group (OFG) announced on the 16/12/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 11/12/2009 on which shareholders must own the share to participate in the SPP. The closing date is 18/1/2010. Shares will be issued on 25/1/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.72 or a 10% discount to the volume weighted average price (VWAP).
Discount : 0.0% Liquidity : Poor Profitability : Good Stability : Poor
* Note: Discount is based on the closing price on the 16 December 2009.
Tags: OFG, Over Fifty Group, Share Purchase Plan, SPP
