Tue, Jul 22, 2014, 11:10 AM EDT - U.S. Markets close in 4 hrs 50 mins

Recent

% | $
Click the to save as a favorite.

TBSI INTL PLC IRELAN Message Board

  • white_sox_curse white_sox_curse Jul 15, 2008 9:57 AM Flag

    What management should do

    The company sold 2 million new shares in May at $51/share. That gave them about $100 million of new funds for vessel acquisitions. They can buy back all those shares for under $70 million. For shareholders, that's $30 million of new cash without any extra sharecount from latest secondary offering. Seems reasonable use of company assets.

 
TBSIQ
0.0140.000(0.00%)Apr 16 10:00 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.