OB:OETOil and Gas
Assessing Okeanis Eco Tankers (OB:OET) Valuation After Its Recent US$130 Million Equity Offering
Okeanis Eco Tankers (OB:OET) has just completed a registered direct follow on equity offering, raising about US$130 million by issuing 3,611,111 common shares at US$36, a US$1.35 discount per share.
See our latest analysis for Okeanis Eco Tankers.
The equity raise comes after a strong run in the stock, with the share price at NOK387.5 and a 1 month share price return of 19.41%, while the 1 year total shareholder return of 50.72% and very large 5 year total shareholder return suggest momentum...