Intrepid has raised its share offering and estimated price per share…
The Denver-based company now expects the offering to total 30 million shares and price between $27 and $29 apiece. Intrepid previously expected the offering to total 24 million shares and price between $24 and $26 per share.
In 2007, the company reported earnings from continuing operations of $29.7 million, compared with $24.1 million in 2006. Total sales rose to $213.5 million from $152.7 million in the prior year.
Given the global demand for fertilizer and the increased earnings and sales over the last year this is one to watch.
Great company background can be found here: http://www.themanufacturer.com/us/profile/3853/Intrepid_Potash_Mining?PHPSESSID=c88bc
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