DRYS 39 ships * $40 million per ship. $1.5 Billion is much higher so DRYS share holders will benefit.
Sentiment: Strong Buy
Panamax rates, and capesize rates for that matter, should move higher per the forward curve.
The values of 39 dry bulkers is not in the stock so DRYS has opportunities to appreciate.
Deconsolidation of ORIG and Blue Mountain were negatives, but Dryships is positioned to benefit from the recovery in the dry bulk market.