Announcement

Collapse
No announcement yet.

CLNE Public Stock Offering

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • CLNE Public Stock Offering

    Clean Energy Fuels Corp declared on Monday that the company plans to offer 6m shares of its common stock, subject to market and other conditions, for sale in a follow-on public offering.

    http://www.tradingmarkets.com/.site/...0News/2383840/

  • #2
    Re: CLNE Public Stock Offering

    Wow, with a float of 39.1 million already, adding 6 million, 15% more shares, just sounds like a really good way to dilute the shares. Interesting strategy CLNE.

    Comment


    • #3
      Re: CLNE Public Stock Offering

      Since CE has never made a profit, I suppose that kind of thing is expected. But today, Fuel Systems Solutions, the buyer of Fuelmaker, did the same thing.

      By comparison FSYS is a healthy, profitable entity. I hope they put the cash to good use.

      Fuel Systems Solutions, Inc. Announces $30 Million Registered Direct Common Stock Offering--- http://finance.yahoo.com/news/Fuel-S....html?x=0&.v=1

      Comment

      Working...
      X