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Alias Born 11/04/2002

Re: thedivot post# 202

Sunday, 04/11/2010 9:18:22 PM

Sunday, April 11, 2010 9:18:22 PM

Post# of 4109
If I am correct they got the money and didn't purchase a ship. The deal was not consumated so they have more shares and more capital to use to strengthen the balence sheet or whatever. This is certainly not a short term holding IMHO. Day rates are climbing and they are in great shape to pay off their debt with cash flow. $1.50 soon when the continuation of the shipping run continues on Monday.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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