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Newcastle -2.3% after pricing secondary

  • Newcastle Investment (NCT -2.3%) sold 40M shares for gross proceeds of about $176M, suggesting a price of about $4.40 per share. The stock's last trade was for $4.38.
  • The most recently reported GAAP book value per share was $2.08 as of June 30.
  • Press release
Comments (1)
  • Michael Bryant
    , contributor
    Comments (5823) | Send Message
     
    "suggesting a price of about $4.40 per share. The stock's last trade was for $4.38."

     

    And (NYSE:NCT) rises to $4.40 in after-hours.
    13 Aug 2014, 10:16 PM Reply Like
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