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Strategies & Market Trends : Value Investing
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To: rllee who wrote (38540)7/16/2010 8:24:43 PM
From: E_K_S   of 78700
 
Hi rllee -

RE: Gas Natural Inc. (EGAS)

I first learned about EGAS on the Dividend Investing for Retirement thread based on a post by Steve Felix.

Message 26669131

You can check out the discussion there. There is a proposed secondary stock offer of 2 million shares. This will dilute the outstanding shares (now 6 million shares). You might want to wait until AFTER the secondary is settled. I suspect it will be done as a private placement. A whole host of very positive things could occur if the buyer of the secondary (1) takes all 2 million shares and (2) already is a mid to large player in the NG integration business.

This is all speculation on my part because nothing is really known at this time. The stock seems like a good value at current prices and could be worth much more by a potential acquirer.

I own a small tracking position and am watching how the story plays out.

EKS
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