For 5 reasons, Aktor's capital increase is a terrible opportunity. It has been announced that the increase will amount to 650 million euros with a maximum offering price of 13.52 euros—without a discount— However, the most likely scenario is that the final offering price in the capital increase will be set in the 13.45 euro zone, meaning with an essentially meaningless discount. The capital increase starts today, July 20, and ends on July 22, 2026.
Why is it a terrible opportunity?
-
The capital increase already has offers of 1.3 billion euros, and this leads to the decision to increase the amount to be raised to between 700 and 750 million euros. The final amount of the increase will be determined based on the final stakes held by major shareholders Bakos, Kaymenakis, and Exarchou, given that the company Winex holds 39.17%, which will drop to approximately 28% once the anchor shareholders waive their rights to participate.
-
Already two major US funds will almost entirely cover the capital increase, and other investors will also participate.
-
Following the capital increase, the 300 million bond issue, and the funds expected from the state—referring to project payments and settlements—Aktor will have financial liquidity close to 1.38 billion euros.
-
When Intrakat was acquired, its share stood at 2.95 euros, and today Aktor, as it has been renamed, has a stock market price of 13.52 euros with a market capitalization of 2.76 billion euros. We are talking about a percentage increase of 360% over 4 years… At the 20 euro target, we are talking about an additional stock surge of 50% or a market capitalization of 4 billion euros.
-
The management of Alexandros Exarchou at Aktor has demonstrated remarkable, unparalleled reliability and consistency, with a proven track record matching words to actions… so there is a guarantee of repeated success. Furthermore, if the projects on the vertical axis involving liquefied natural gas are implemented, we will be talking about an explosion in revenue.
www.bankingnews.gr
Σχόλια αναγνωστών