With a $500 million shelf offering finally effective today, and a pattern of dilution to aquire ships, ie: nna 3 atm's and nmm countless atm's, look for nm to finally join in the party and dilute to buy ships. And I'd look for it sooner than later. Dilution is the greek shiipper business model and this issue is no different. It becomes very difficutl to have capital appreciation in your stock ownership when they keep issuing stock. Wouldn't be suprised to see the float doubled in one fell swoop. But hey its ok, you still get 24 cents a year for each share!