Does anyone here remember this reverse split. ???????? now they are going to issue more shares. ?
Balt has also around 13 ships
Yes, although more like a 1/4.5 split now with the shares they issued. They should've used the offering to shore up the balance sheet instead of buying more ships from the CEO. I guess they are holding the banks hostage.
Exactly. Greeks and shipping. It's a few thousand year old culture that knows what it's doing in this regard.
I think it touched 7 $After close
They just issued 5 m shares and raised 32 m $
Now prgn has enough money and trading much less then its stockholder equity.
This is a bargain
It is a bargain, yes.
Sentiment: Strong Buy