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jackg152004

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jackg152004

Re: MarketWiz152 post# 20882

Wednesday, 11/16/2016 6:54:23 PM

Wednesday, November 16, 2016 6:54:23 PM

Post# of 29021
Agreed. Further, I only skimmed the filing so I may be wrong, but it looks like they sold the ship for $39M yet only owed $16M on the credit facility. I am sure there are other fees for the transaction (thought I saw like another ~$600k) but that would still leave an additional $20M in cash after the payoff.

Feel free to correct me if I am wrong.
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Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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