A few positive points:
Cash at $135.5 million. That's about 25% more than the market cap.
Backlog of $258 million.
Shipyard work not yet done on the SPS, but expected to come in at under the budgeted $42.5 million.
A cut of 50%, but at today's closing of $3.546, an annualized yield of 28.2%.
Not sure if Mr. Market had already priced this in, or if we're in for another dip in the roller coaster ride.
Click on "Historical Prices", then on "Dividends Only". Should get ya there.
Wishing I'd tripled or quadrupled. ;-)
That's a pretty good buy-write play. About 50% if they get called away, or 35% if they don't, in 6 months. Not a bad trade.
Dropped under $5 PPS, might have triggered some fund selling. Year end window-dressing also may be at play. I picked up another 600, may pick up some more before year end as trading shares.