Burnt bananas.
Zylotech offers share purchase plan
16:15, Monday, 12 March 2007
Sydney - Monday - March 12: (RWE Australian Business News) -
Zylotech Ltd (ASX code: ZYL) today announced a share purchase plan,
under which eligible shareholders may buy up to $5000 in new shares.
Issue price under the plan will be 4.2c a share, which
represents a 20 per cent discount to the weighted average share price.
The capital raised by the SPP will be used to fund Zylotech's
working capital requirements.
Shareholders will be eligible to participate in the SPP if they
are registered on Wednesday March 21.
The SPP offer will open on March 22 and close on April 12.
Zylotech shares closed up 4.9c to 10.5c ahead of this
announcement.
zylotech offers share purchase plan
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1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $67.10M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $83.13K | 5.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 10474921 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 399999 | 1 |
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