Codan (CDA) announced on the 7/8/2012 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 3/8/2012 on which shareholders must own the share to participate in the SPP. The closing date is still to be announced. A maximum of $15,000 can be purchased by each shareholder at $1.40.
Discount : 7.9% Liquidity : Poor Profitability : Good Stability : Good
| www.codan.com.au |
*Note: Discount is based on the closing price on the 9 August 2012
Tags: CDA, Codan, Share Purchase Plan, SPP
