SEHK:596Software
Reassessing Inspur Digital Enterprise Technology (SEHK:596)’s Valuation After Its Follow-On Equity Offering
Inspur Digital Enterprise Technology (SEHK:596) just wrapped up a follow on equity offering worth about HK$494 million, issuing over 67 million new ordinary shares at roughly HK$7.30 each.
See our latest analysis for Inspur Digital Enterprise Technology.
The follow on offering lands after a choppy stretch, with a roughly 9.7% 1 month share price return decline and a sharper 27.2% 3 month slide. This sits against a 5 year total shareholder return of over 300%, suggesting longer term momentum...