Jason,
On the left is the original ply. The long seat top is dyed alongside the side deck - not bad considering different wood and 55 years. It will be ok for Cobnor, will see how it looks with epoxy/varnish.

I used two coats of light dye, dark looked too dark. Damn difficult to apply evenly with a cloth, a bit easier with a brush but being spirit based it soaks in immediately and you cannot form an even layer.
If you look carefully the ply is marked by manufacturing lines, presumably when cutting the wafer thin veneer. Didn't notice them when I bought it. It's difficult to find a good ply supply locally - by local I mean within 5 miles to transport on a roof rack.
-P
PS: Next time I'll get the auto-focus on my Pentax central. A 6mb DSLR, old but the lens is superior to a phone.