TaxiCaT - based on what DRYS has reported so far, the pps is significantly net below book value. On the earnings front, DRYS has provided numbers for the fleet with 2 notable exceptions. The VLCC and Heidmar are question marks. Otherwise the numbers provided to date leads me to believe positive net earnings or something close to that should be reported. Regardless of what is ultimately reported, my guess is the pps will stRt moving up through the report date. What happens after will depend on the numbers after that.
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