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Major1234

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Major1234

Re: None

Tuesday, 07/18/2017 9:56:24 AM

Tuesday, July 18, 2017 9:56:24 AM

Post# of 58072
Weird. The current price .80 means DRYS could buy 100 million shares with the 80.8 million held in cash.

Based on its latest update, DryShips held USD 80.8 million in cash and cash equivalents, with book value of vessels, including advances, of USD 625.1 million. Its outstanding debt balance totaled USD 237.5 million, while the number of shares outstanding stood at about 26.6 million.
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