Replies to post #9 on DHT Holdings Inc (DHT)

[exlud]

There are being registered hereunder such indeterminate number of shares of common stock, such indeterminate number of shares of preferred stock and such indeterminate principal amount of debt securities as will have an aggregate initial offering price not to exceed $300 million, or if any securities are issued in any foreign currency units, the equivalent thereof in foreign currencies.

That's the gist of it. DHT is trying to raise up to $300 million. The next question, I suppose, is why? On August 5th DHT withdrew their offer to acquire Saga Tankers.
"Following the expiry yesterday of the extended offer period DHT has per 5 August 2011 at 08:30 CET received acceptances for approximately 73 million shares, equaling approximately 84 % of the total share capital in Saga Tankers, which is below the 95 % acceptance level condition. DHT has consequently decided to withdraw the Offer."
We might see them take another go at Saga. They'll be reporting on their 3rd quarter on the 25th, so maybe we'll get some insight then.