Australian Bauxite (ABZ) announced on the 8/6/2012 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 7/6/2012 on which shareholders must own the share to participate in the SPP. The closing date is 11/7/2012. Shares will be issued on 18/7/2012 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.39.
Discount : 4.9% Liquidity : Poor Profitability : Poor Stability : Poor
| www.australianbauxite.com.au |
*Note: Discount is based on the closing price on the 14 June 2012
Tags: ABZ, Australian Bauxite, Share Purchase Plan, SPP
