I AGREE.GREEK STOCKS.ARE MOSTLY SCAMS.THIS ONE AND DRYS SCAM SELLING BAGS.THE ONLY WAY TO MAKE SOME MONEY IS FLIP IT,IF YOU CAN CATCH IT AT ROCK BOTTOM,AND PLAY THE REBOUND.AND THEN RUN.
I'm not sure what you were expecting. I'm surprised they still have net positive equity after all the debt. But it was obvious after they sold their last ships that they would have no assets left (bankers don't write off loans when there's money left on the table).
I'm frankly stunned that anyone didn't see this coming. Nothing in that filing should be a surprise.
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