Looking back to 42 days ago, Atlas Pipeline Partners LP (NYSE: APL) priced a 10,300,000 share secondary stock offering at $34.00 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 13.5% higher than the offering price. It should be noted that investors at the secondary have collected $0.59/share in dividends since the time of their purchase...
Miss Atlas Pipeline Partners' $34 Offering But Think It's A Steal At $23?
Forbes - 29 May 2013 17:45
Looking back to 42 days ago, Atlas Pipeline Partners LP (NYSE: APL) priced a 10,300,000 share secondary stock offering at $34.00 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 13.5% higher than the offering price. It should be noted that investors at the secondary have collected $0.59/share in dividends since the time of their purchase...
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