Ferrowest (FWL) announced on the 17/10/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 14/10/2011 on which shareholders must own the share to participate in the SPP. The closing date is 17/11/2011. Shares will be issued on 18/11/2011 and begin trading on 21/11/2011. A maximum of $15,000 can be purchased by each shareholder at $0.05.
Discount : -4.2% Liquidity : Poor Profitability : Poor Stability : Poor
*Note: Discount is based on the closing price on the 20 November 2011.
