Looking back to 132 days ago, KCAP Financial (NASD: KCAP) priced a 4,750,000 share secondary stock offering at $9.75 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 Monday, the stock is now 5.8% above the offering price. It should be noted that investors at the secondary have collected $0.28/share in dividends since the time of their purchase, so they are currentl...
Looking back to 132 days ago, KCAP Financial (NASD: KCAP) priced a 4,750,000 share secondary stock offering at $9.75 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 Monday, the stock is now 5.8% above the offering price. It should be noted that investors at the secondary have collected $0.28/share in dividends since the time of their purchase, so they are currentl...
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