Top Ships Inc (TOPS)

[oil export]

The stock will rise when the dilution is completed, just like in DRYS.
A few weeks ago the company announced that 9.7 million was left to be raised under the agreement and since then there has been no update. The dilution is likely to be over, and if it was not thinning it means they are waiting for a higher price.
I think that the increase in BDI and the huge gap between the share value in the market and the book value will jump up the share when the dilution stops or ends.