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31 Jul 2013 | Australasian Dental Practice

news > Briefs > Page 10

smile.com.au share offer closes in just 4 days

Company Reporting and Announcements

Smile.com.au launched its second share offer in April this year and it once again proved to be very successful.


The share offer closed in just four days, with the first round of the share offer closing within hours. Due to the significant level of interest, many people were unable to secure shares. Through the offer, participating practices were again given an opportunity to share in Smile's success by becoming shareholders. Existing shareholders also continued to increase their shareholdings, encouraged by the constant growth and vision of smile.com.au. The share price has now increased by an impressive 71 per cent in just over 18 months. In response to the success of the second share offer, CEO of smile.com.au, Dion Kramer said he is "delighted to welcome the new shareholders and looks forward to executing the next stage of their growth plans".

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