These vessels have been idle waiting on resolution with creditors. Now that they've been released I hope to hear of their new contractual agreements soon.
Agreed/ also notice the BDI is moving up in london almost daily if not weekly, Plus all shippers are having an upward trend reversal. I also could see a merger or takeover of Free and maybe newl ( but I think Free is more likely, less debt and very small float , easy to control 50% of shares at the right price) I would sell mine if someone bumped it over $4.50 quick too.S I love buying good cos at the 5- lifetime low GL
Yes but there were 2 splits so maybe the price now would be about $70.00-$110.00 per share which gives the co an 800 million dollar value which is very possible, Drys and NM are 1 billion dollar shippers. So I would be damm happy with over $12.00 per since Im in 46 thousand shares under 26 cents. i can wait GL
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