IsoRay off 20%

IsoRay (ISR) sells 5,644,300 shares to institutional investors in a direct offering for $2.60/share. Gross proceeds are $14.7M and will be used for general corporate purposes.

Yesterday's close was $3.30.

Investors should expect high volatility with this one.

Comments (2)
  • litefun1
    , contributor
    Comments (38) | Send Message
    Well, the institution brought the price down starting after hours last night so they could get a deal. Good for them.
    21 Mar 2014, 12:14 PM Reply Like
  • alext1379
    , contributor
    Comments (811) | Send Message
    I see $2.60 as the new floor for ISR.
    21 Mar 2014, 04:41 PM Reply Like
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