Ann: New COO Appointment, page-6

If they sell one or a few boats I think the sp will really quickly as there will be no need for a CR.

It's a positive announcement, it appears traders are holding back in case they don't sell any ships and announce a CR...

You see if current cash combined with a sale of even one boat would carry them over for perhaps another 12 months.... by this time next year I expect margins may have already improved somewhat with the market expecting further margin improvement. As such, the share price should be at least in the mid 30's which would be a better time to raise equity as it's less dilutional.