Bet they don't get that much. Dropped 82 cents per share already. Then you take out the commish.... This is likely going to pay for bulkers that he foisted on shareholders by throwing his nephew a lifeline. And a job at ORIG.
Yeah, and the discount for the IPO. However longer term the shrinking percentage of GEs control may help the ORIG stock price. I bet the ORIG price would be 25% higher if GE had less than 35% control. I am not for reducing our DRYS ownership percentage but on the ORIG side they have to see that as a positive.