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Burnt before

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Burnt before

Re: mikoli007 post# 27390

Friday, 02/10/2017 11:40:48 AM

Friday, February 10, 2017 11:40:48 AM

Post# of 58072
My last point here in support of my theory that GE used this Gas carrier deal to keep DRYs afloat by selling shares is would anyone have bought $200 million of shares in a company with an ageing fleet of Panamax vessels on spot charters? not likely
The only real beneficiary in all this is GE , he already had the charters and the ships ordered but then managed to raised $200 million in shares sales by buy selling the options to buy something that was already his to himself essentially.

Crook, no other word for it


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