Looking back to 173 days ago, QR Energy LP (NYSE: QRE) priced a 12,000,000 share secondary stock offering at $16.24 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 6.4% above the offering price. It should be noted that investors at the secondary have collected $0.97/share in dividends since the time of their purchase, so they are curren...
Looking back to 173 days ago, QR Energy LP (NYSE: QRE) priced a 12,000,000 share secondary stock offering at $16.24 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 6.4% above the offering price. It should be noted that investors at the secondary have collected $0.97/share in dividends since the time of their purchase, so they are curren...
Share this Article
Recommended