For now, this is just a rumor. Supposedly, JF is looking into Cape vessels for FRNT.http://www.marinelog.com/index.php?option=com_content&vi...If true, it actually is 8 firm orders plus 6 options from two yards. At the price mid-point,$45.5M, all options exercised, that's $637M. On just the firm orders, he would probably need10-15% down, on $364M, or $36.4M - $54.6M. Is there another private equity offering forFRNT in the works?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS