Posts Tagged ‘Authorised Investment Fund’

Authorised Investment Fund Share Purchase Plan

Saturday, May 29th, 2010

Authorised Investment Fund (AIY) announced on the 28/5/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/5/2010 on which shareholders must own the share to participate in the SPP. The closing date is 23/6/2010.  Shares will be issued on 30/6/2010 and begin trading on 30/6/2010.   A maximum of  $15,000 can be purchased at $0.045.

Discount : 18.2%  Liquidity : Poor Profitability : Ok  Stability : Poor

* Note: Discount is based on the closing price on the 28 May 2010.

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