CAYMAN CONNECTION
- From: Vol 7, Issue 12 (December 2006)
- Category: Need to know
- Region: Americas
- Country: Virgin Islands, British
- Related Companies: Consolidated Water and Janney Montgomery Scott
* Cayman-based Consolidated Water Company closed its $34.9 million secondary offering in mid-December.
The money will go towards reducing debts and investingin new projects and acquisitions. Analyst Debra Coy of Janney Montgomery Scott applauded the company with a buy recommendation: “With some key project wins
in hand and additional prospects for new projects, the company’s future appears bright” she wrote. She seems to have gone in with her eyes open. The research ...
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