Offbeat New shares from Nel Asa: Are investors reaching for it or is the share too expensive?
New Orleans man recovering from COVID-19 shares his story
Now that a couple of weeks have passed since the first known positive case of COVID-19 was reported in Orleans Parish, WDSU is starting to hear from local people who tested positive for the virus, and are recovering. Lawrence Clark, a 60-year-old man from New Orleans, says on Mar. 16 he started having trouble breathing and lost his sense of taste. After going to the doctor, Clark was sent home and told to rest for a few days. His symptoms grew worse, and was admitted into the hospital using a ventilator two days later. Clark says doctors found pneumonia in both of his lungs, and he tested positive for COVID-19.
At the end of March, Nel Asa offered 13,350,000 new shares as part of a private placement at a price of 9.50 Norwegian kroner. The subscription period ended on April 7, 2020 at 4:30 p.m. "By the end of the subscription period, the company had received valid subscriptions for a total of 25,297,673 offering shares," said Nel’s press release today. The offer was significantly oversubscribed, which speaks for a high level of interest on the part of investors. Now Nel will tell each subscriber in a separate letter how many shares he will be allocated. After the new shares have been issued, the company's issued share capital will be NOK 264,986,956.60, divided into 1,324,934,783 shares with a nominal value of NOK 0.20 each. Do you want more background and assessments of Coronavirus , information on dividends and general meetings and recommendations and strategies for investors: Then read the digital single issues of , and Did you like the article from boerse-online.de? Then support independent journalism with a small one-off amount. We continuously offer up-to-date stock market analyzes, exciting real-time news and objective usability issues - which are more important than ever in these times. Thanks a lot. Support independent journalism! € 2 € 5 € 10 Own amount: Support now Powered by Support the author
“Coronavirus: what risks for savings? .
The health crisis has seriously shaken the savings world. Uncertainties about the duration and extent of the epidemic, the unprecedented shock to the global economy are all elements that could not be without impact on financial and real estate assets. The most significant effect since the start of March was the sharp drop in share prices, more than 20%. In fact, this crash has little impact on French savers who are poorly exposed to equities.