Sun Biomedical (SBN) announced on the 10/3/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is the 10/3/2010 on which shareholders must own the share to participate in the SPP. The closing date is still to be announced. A maximum of $10,000 can be purchased by each shareholder at $0.0016. The offer is fully underwritten.
Discount : 20.0% Liquidity : Poor Profitability : Ok Stability : Poor
* Note: Discount is based on the closing price on the 10 March 2010.
Tags: Share Purchase Plan, SPP, SUN, Sun Biomedical
