Investors Pick Up STNG 22.7% Cheaper Than Its Secondary Stock Offering
March 07, 2018 at 11:41 AM EST
Looking back to 98 days ago, Scorpio Tankers Inc (STNG) priced a 30,000,000 share secondary stock offering at $3.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..