Gulf Industrials (GLF) announced on the 20/9/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 16/8/2011 on which shareholders must own the share to participate in the SPP. The closing date is 4/10/2011. Shares will be issued on 11/10/2011 and begin trading 0n 14/10/2011. A maximum of $15,000 can be purchased by each shareholder at $0.025.
Discount : -13.6% Liquidity : Poor Profitability : Ok Stability : Poor
*Note: Discount is based on the closing price on the 22 September 2011.
