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Re: €LL-$G7$ post# 197

Friday, 12/16/2022 3:31:40 AM

Friday, December 16, 2022 3:31:40 AM

Post# of 1971
If they don't care about the S/P why they said
"Despite our efforts to increase the Company's earnings potential, and what we believe to be sustainably strong fundamental conditions in the charter market, the market valuation of our common shares remains extremely low. Specifically, we reported net income attributable to common stockholders of US$10.4 million during the third quarter alone, which, if annualized and compared to our current equity market capitalization, would represent a price-to-earnings ratio of approximately 0.35x. In addition, the free cash balance at the end of the third quarter was approximately US$26 million representing approximately 1.78x our current market capitalization, which is only about 10% of our current estimated net asset value.”
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