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dinogreeves

11/21/16 8:57 PM

#14524 RE: ash111 #14516

Enterprise value don't mean nothing, it's the book and cash book value that you need to look into.
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ash111

11/22/16 2:29 AM

#14544 RE: ash111 #14516

Enterprise value $250m. even on 5 times O/S it should be trading 6 times current price ( Cap ). Don't forget the company will have more cash respectively at that case and much better and solid balance sheet. Improved Credit Facility too. More contracts should be follow too. My Conclution is that DRYS way oversold ( Dropped 93% past 2 weeks) and should be trading 30-60 right now.