Molycorp boosts offering to 45M shares, priced at $5 each


Molycorp (MCP) says its increased offering of 45M shares priced at $5/share, a 10% discount to yesterday’s close, raising $225M.

MCP had outlined plans to offer $200M in stock to fund spending at its Mountain Pass, Calif., facility under construction.

Shares -3.4% premarket, after yesterday's 21% drubbing.

From other sites
Comments (3)
  • SivBum
    , contributor
    Comments (2767) | Send Message
     
    MCP is off 7% not +7%!!
    16 Oct 2013, 09:21 AM Reply Like
  • william12
    , contributor
    Comments (48) | Send Message
     
    there are no trades in FONR at this point. What are you talking about? Crazy!
    16 Oct 2013, 09:24 AM Reply Like
  • RhodeNav
    , contributor
    Comments (258) | Send Message
     
    MCP -6%, not up
    16 Oct 2013, 09:28 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs