Caesarstone Announces Full Exercise of Over-Allotment Option

by Benzinga Staff
April 4, 2012 11:43 AM | 24 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Caesarstone Sdot-Yam Ltd. (NASDAQ:CSTE) today announced that the underwriters of its recently completed initial public offering exercised in full their option to purchase an additional 999,000 ordinary shares to cover over-allotments. The issuance and sale of the over-allotment shares closed on April 2, 2012. As a result, the Company issued a total of 7,659,000 ordinary shares in the initial public offering, including pursuant to the underwriters' over-allotment option, at an initial public offering price of $11.00 per share.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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