Past year: ▼ 100%(0.20c – 1.40 USD)
Each one in plain English, with the numbers worked through for a shareholder.
6 Dec 2013capital raising announcement● NeutralMajor
On December 6, 2013 the company announced the pricing of its underwritten public offering of 11.5% Series A Cumulative Preferred Stock, sold as 347,827 depositary shares each representing 1/1000th of a preferred share. This resolves the open question of the offering's size and dividend rate; this filing does not give the price or proceeds.
4 Dec 2013capital raising announcement● NeutralMajor
On December 4, 2013 the company announced it was starting an underwritten public offering of perpetual, non-convertible Series A Cumulative Preferred Stock, sold as depositary shares each representing 1/1000th of a preferred share, subject to market conditions. The 8-K gives no amount, price or dividend rate, and does not say how the proceeds would be used. A new preferred class would rank ahead of common shareholders, though the filing itself does not say so.
