- Joined
- 8 May 2009
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Hello All
As most of you know, a lot of companies at the moment are doing capital raisings in a bid to sure up their balance sheets. I see this as very good opportunities to make a good return in a short time frame.
Most of these companies announce a share purchase plan ( SPP ) and if on the day of announcement you buy shares in the company then you have the opportunity to participate. You only need to own one share in a stock and then on the date you can take up to usually $15,000 worth of shares at the discount price.
For example i was told about the SPP for graincorp and ausenco on the announcement date, bought 10 shares of each. Three days later at 7pm the SPP closed and i owned the stock. Now on the 27th of July i can take up $15,000 worth of shares in each stock at a discount.
Graincorp : Price Today = $ 7.40 SPP price = $6.25 Discount = approx 19%
Ausenco : Price Today = $ 4.05 SPP price = $3.20 Discount = approx 27%
Therefore if i take up $30,000 dollars worth i make approx 23 % which will be about $7000 in two weeks. Not Bad.
I have heard of other companies doing SPP's like minemakers. Therefore the purpose of this forum is to get anyone to post potential capital raisings or capital raising announcements.
Cheers
Liquid
As most of you know, a lot of companies at the moment are doing capital raisings in a bid to sure up their balance sheets. I see this as very good opportunities to make a good return in a short time frame.
Most of these companies announce a share purchase plan ( SPP ) and if on the day of announcement you buy shares in the company then you have the opportunity to participate. You only need to own one share in a stock and then on the date you can take up to usually $15,000 worth of shares at the discount price.
For example i was told about the SPP for graincorp and ausenco on the announcement date, bought 10 shares of each. Three days later at 7pm the SPP closed and i owned the stock. Now on the 27th of July i can take up $15,000 worth of shares in each stock at a discount.
Graincorp : Price Today = $ 7.40 SPP price = $6.25 Discount = approx 19%
Ausenco : Price Today = $ 4.05 SPP price = $3.20 Discount = approx 27%
Therefore if i take up $30,000 dollars worth i make approx 23 % which will be about $7000 in two weeks. Not Bad.
I have heard of other companies doing SPP's like minemakers. Therefore the purpose of this forum is to get anyone to post potential capital raisings or capital raising announcements.
Cheers
Liquid
