Dear All,
Repco is doing a Share Purchase Plan (SPP) and here are the details as the price is already up over 10% on the issue price!
Record Date: 31 January 2005
Price: $3.16
Maximum amount: $5,000
Need to raise $10 Million
Current Price: $3.47 (up over 10% on current price)
Catch??? They may scale back the SPP coz they need to raise 10 mil. If 2,000 s/holdeds participate @ $5,000 each, theres your 10 Mill.
Currently I believe over 4,000 registered s/holders!
Refer FKP for previous result on a SPP
Hope this is of assiatance
Rgds
INSIDER
Dear All,Repco is doing a Share Purchase Plan (SPP) and here are...
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