Revenue to double; EBITDA +70%19 Feb 2025 17:14
This equity offering marks a strategic pivot in Diversified Energy's capital structure management, with several notable implications for investors. The company is seeking to raise capital through up to 8.5 million new ordinary shares, with an additional 850,000 share option for underwriters, representing a potential dilution of approximately 4.1% of the current share base.
A 4.1% dilution does not equate to the hammering today.