AnaeCo (ANQ) announced on the 18/10/2011 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 17/10/2011 on which shareholders must own the share to participate in the SPP. The closing date is 22/11/2011. Shares will be issued on 28/11/2011 and begin trading on 30/11/2011. A maximum of $15,000 can be purchased by each shareholder at $0.05 or a 15% discount to the volume weighted average price (VWAP).
Discount : 12.3% Liquidity : Poor Profitability : Poor Stability : Poor
*Note: Discount is based on the closing price on the 21 October 2011.
