BDI continues moving up as we are now at the start of the annual cycle. It is still far off it's 20 year average with lots of potential upside. PPS is still significantly lower than NAV and no thought yet of any premium to earnings.
Throw into the mix the 52 week high, currently at $10.15, continues to drop. The combination of an improving GEs in DRYS balance sheet, and strong BDI performance and DRYS pps should continue moving up through the end of the year.
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