Replies to post #37785 on DryShips Inc (fka DRYS)

[I-Man]

Plelek, read again recent SEC filings!


DRYSHIPS INC. ANNOUNCES FULL REPAYMENT OF LAST LEGACY COMMERCIAL LENDER

ATHENS, GREECE – April 27, 2017 - DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that it has fully repaid its remaining commercial loan facility of approximately $15.2 million, including overdue interest.


Updated Key Information as of April 27, 2017:

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Cash and cash equivalents about $384 million, (or $6.52 per share)

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Book value of vessels, including deposits about $238 million, (or $4.04 per share)

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Sifnos Loan Facility balance about $200.0 million

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Number of Shares Outstanding about 58,905,719


*** Does this mean approx. $1 Billion overall existing assets to date available which Shareholders purchased for this company...?