G8 Education (GEM) announced on the 29/9/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 28/9/2010 on which shareholders must own the share to participate in the SPP. The closing date is 22/10/2010. Shares will be issued on 27/10/2010 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $9.67.
Discount : 2.8% Liquidity : Poor Profitability : Good Stability : Poor
* Note: Discount is based on the closing price on the 29 September 2010.
Tags: G8 Education, GEM, Share Purchase Plan, SPP
