Use Options For a Chance To Buy BITA at a 43% Discount
May 12, 2014 at 11:51 AM EDT
Looking back to 157 days ago, Bitauto Holdings Ltd (BITA) priced a 2,749,200 share secondary stock offering at $30.00 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 and based on early trading on Monday, the stock is now 17% above the offering price..