MEO Australia (MEO) announced on the 25/9/2012 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was 24/9/2012 on which shareholders must own the share to participate in the SPP. The closing date is 12/10/2012. Shares will be issued on 22/10/2012 and begin trading on 23/10/2012. A maximum of $15,000 can be purchased by each shareholder at $0.20.
Discount : 7.0% Liquidity : Poor Profitability : Poor Stability : Poor
* Note: Discount is based on the closing price on the 25 September 2012.