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Net-Man

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Net-Man

Re: None

Wednesday, 08/01/2018 8:18:19 AM

Wednesday, August 01, 2018 8:18:19 AM

Post# of 58072
As the VLGC deal closes, DRYS will have something around $375 million in cash and equivalents. That is a sizable war chest for GE to have. The BDI just closed above 1700 which is a 4+ year high. Makes me wonder what path GE is on today. Just guessing, but he has become more aligned with China interests lately. Are Valemax drybulk ships built by China with long-term charters to move Brazil iron ore in the future?

This will get fun to watch.
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