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Re: None

Monday, 07/24/2017 8:31:24 AM

Monday, July 24, 2017 8:31:24 AM

Post# of 58072
No news in no news. DRYS simply hasn't provided an update on where the outstanding is currently. NAV as reported on 7/21 is $473.7 million with ~5.2 million shares outstanding. Considering how many shares were traded on Friday, it would be silly to think Kalani wasn't part of that mix. They have been roughly 20-25% of the trade every day for months. Friday probably wasn't any different, which would imply they sold some thing in the neighborhood of 7 million shares.

Just guessing then, and that is all anyone can do at the moment, with 12 million outstanding, the NAV/share = $40. The very next question to ask yourself is how many shares will get printed and sold today?

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