Also, the numerous splits you mentioned were tiny. Also, they are Nasdaq, and that is why they did the splits, to stay listed.
There is no comparison here, and again, your comments and concerns on DRY* belong on their board, not here.
To best of my knowledge BSTN has little debt relative to revenues, owns ship outright, and revs are soaring.
If/when they buy another vessel, it seems likely it'll be from cash they have on hand, and/or from a reasonable non-dilution loan. They also could potentially sell/trade the current vessel and upgrade with a bigger capacity.
Again, please keep comments on other tickers off of this board.
That would be traders, not investors. I cannot use another word for someone who buys shares of a shipoing company because he reads day to day announcements.