Baltika’s stock on the increase

Stockholders’ strong support to launch extra emission on Baltika’s stock has made it increase rapidly during the last two days.

As of 11.45 AM today, Baltika’s stock has ascended 12,16% to 0.618 euros. With cash flow of 61 000 euros and over 60 deals, Baltika’s stock today is without doubt the most traded one.

After a steep decrease of 17% on Tuesday, when the stock cost 0.504 euros by the end of the day, the securities have increased by 22,62% in two days. With that the stock has moved considerably closer to the launching price of the extra emission of 0.7 euros.

Last night the company announced on the stock market that three grand stockholders have guaranteed marking 4,63 million extra Baltika’s stocks and including additional finances, whereas the company plans on emitting just 4,3 million stocks.

In addition, it was decided to postpone the date of marking and paying for the stocks. Additional stock offering will supposedly begin on July 19th.