TSE:4784Media
GMO Internet (TSE:4784) Valuation Check After Discounted Follow On Equity Offering
Why GMO internet (TSE:4784) raised fresh equity now
GMO internet (TSE:4784) has just completed a sizeable follow on equity offering of ¥64.965b, issuing tens of millions of new common shares at ¥710 each, at a discount to the offer price.
See our latest analysis for GMO internet.
GMO internet’s share price has fallen 14.1% over the past 30 days and is down 35.7% year to date, while the 1 year total shareholder return has declined 80.6%. This marks a sharp pullback despite a positive 3 year...