NZSE:GNEElectric Utilities
Genesis Energy (NZSE:GNE) Valuation After Capital Raises Dividend Changes And Latest Earnings
Genesis Energy (NZSE:GNE) has just completed a NZ$100m follow on equity offering alongside a larger rights issue, dividend changes, and fresh half year results, giving investors several moving parts to assess at once.
See our latest analysis for Genesis Energy.
The recent equity raises and dividend changes appear to have weighed on sentiment, with a 7 day share price return of 5.04% and a 30 day share price return of 7.00%, even as the 1 year total shareholder return sits at 14.99%. This...