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Re: grantastic post# 123

Friday, 07/27/2018 1:35:29 AM

Friday, July 27, 2018 1:35:29 AM

Post# of 186
T.U GRANTASTIC
Even after the dilution, the P/E is still very attractive. Do not forget that the dilution was made at $ 5.5 per share, and do not forget that the debt is going to keep decreasing and therefore the future financing costs will decline. I do not know what is the value of the ships , but I know that the revenues from the ships are $ 450 million each year !
As for charters expire this happens to every company in the industry, I believe new contracts will arrive.
The agreement with the lenders is very positive and this should be expressed positively in the share price.
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