Investors Snatch REI Even Cheaper Than Its Secondary Stock Offering
October 20, 2017 at 15:13 PM EDT
Looking back to 94 days ago, Ring Energy Inc (REI) priced a 4,500,000 share secondary stock offering at $12.50 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time..