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Re: None

Wednesday, 07/10/2019 1:55:29 PM

Wednesday, July 10, 2019 1:55:29 PM

Post# of 4109
Low debt bulkers trade around $100 million in market cap per 1 million DWT.

SHIP has 1.748 million DWT capacity which gives it a valuation about 35x higher than current levels if they can somehow reduce their debt about 80-90%.

Hopefully the new government in Greece moves on their economic reforms soon.

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  • 5Y
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