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xanadu90

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xanadu90

Re: Tuff-Stuff post# 170

Monday, 10/29/2007 7:58:25 AM

Monday, October 29, 2007 7:58:25 AM

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GM Stufffit. GDOCF (GOGL in Oslo) up 2.81% at NOK42.25 : 5.35 = USD7.90. Closed $7.60 on Friday in USA.

Those ships were cheap - USD52 million per ship. Apparently Big Wolf got a bulk discount by ordering 8 ships. But what we have learned in the past, he will sell 4 ships, when the delivery time approaches, and pay with that for the rest of the ships.

All that IMO, but can't help my starry eyes shining in waiting now for the dividends for 3Q and 4Q :)
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