SEHK:6616Chemicals
Global New Material (SEHK:6616) Valuation After HK$1 Billion Convertible Bond Deal and Share Base Expansion
Global New Material International Holdings (SEHK:6616) has just lined up a HK$1,000 million convertible bond deal that could lift its share count by about 8%, a meaningful shift in the capital structure.
See our latest analysis for Global New Material International Holdings.
The move comes as the HK$9.38 share price rides strong momentum, with a 30 day share price return of 42.12% and a year to date share price gain of 159.83%, while the 1 year total shareholder return of 160.56% hints that...