Dilutive share issues depress water stocks
- From: Vol 10, Issue 10 (October 2009)
- Category: General
- Region: None
- Related Companies: Biwater and Christ Water Technology
A rash of secondary offerings sent individual shares tumbling this month, as the GWI Global Water Index struggled to stay in positive territory
The GWI Global Water Index was marginally up this month, but still underperformed the major stock indices (see below right).
M&A activity was responsible for some impressive individual share price fluctuations this month, while a rash of secondary offerings had a dilutive effect on a number of stocks, depressing prices in all cases.
The big news on the M ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
