Maxi Trans (MXI) announced on the 26/03/2009 that they would be conducting a Share Purchase Plan to raise additional capital. The record date is 19/03/2009 on which shareholders must own the share to participate in the SPP and the closing date is 16/04/2009. Shares are expected to be issued on 24/04/2009 and commence trading on 29/04/2009. A maximum of $5,000 can be purchased by each shareholder at a discount of 5% to the VWAP.
Discount : 5.0% Liquidity : Poor Profitability : Good Stability : Poor
* Note: Discount is based on the closing price on the 25 March 2009.
For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/
To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/
