Nordic American Tankers (NAT) -7% AH after announcing a public offering of $87M aggregate amount...


Nordic American Tankers (NAT) -7% AH after announcing a public offering of $87M aggregate amount of common shares. Net proceeds from the offering are expected to be used to pay for acquisitions under NAT's expansion program, including the Nordic Future, and for general corporate purposes.

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Comments (3)
  • Ashraf Eassa
    , contributor
    Comments (9709) | Send Message
     
    Jeez, a company called North American Tanker would...tank? No brainer short!

     

    ...just kidding.
    1 Apr 2013, 05:10 PM Reply Like
  • sambvcaromana
    , contributor
    Comment (1) | Send Message
     
    Actually, it's NORDIC American Tankers (I'm such a stickler for details).
    2 Apr 2013, 08:10 AM Reply Like
  • Ohallaron
    , contributor
    Comments (2) | Send Message
     
    NAT not too many years ago was at $29 a share. I am a buyer for the "long run" and I will take the dividends till then.....
    2 Apr 2013, 08:08 AM Reply Like
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