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chenzo11

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chenzo11

Re: None

Friday, 01/27/2017 4:27:54 PM

Friday, January 27, 2017 4:27:54 PM

Post# of 58072
O/S at approx 30mil (so they say) at $2.00 a share gives Drys a market cap of $60mil. How can this be if they are buying a ship, with a three year contract attached to it, for cash?

Something definitely is not adding up. Is it possible that they have diluted more then they said they would and the O/S is more like 100mil shares?

Cheers
Chenzo
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