Replies to post #822 on Stocks that Float: TANKERS & DRY BULK SHIPPERS (SHIPPERS)

[Milner]

Xanadu,

I think it is also a long term plan. They are going to use the extra issue for the proposed buyout of OSG further enhancing shareholder value.....

[Wildbill729]

The Board of Directors believes that in the appropriate market circumstances, the Stock Split would be in the Company's best interests in order to lower the per share market price of the Ordinary Shares, increase trading activity and broaden the marketability of the Ordinary Shares"

I like it!