Syndicated Metals (SMD) announced on the 24/11/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 23/11/2011 on which shareholders must own the share to participate in the SPP. The closing date is 20/01/2012. Shares will be issued on 27/01/2012 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.085.
Discount : 5.6% Liquidity : Poor Profitability : Poor Stability : Poor
www.syndicatedmetals.com.au
*Note: Discount is based on the closing price on the 6 December 2011.
Tags: Share Purchase Plan, SMD, SPP, Syndicated Metals
