Probably the most important slide of the whole business update would be this slide.
Daily Charter has break record high since 2018. Coming in at $10,005 per day.
Factoring in estimation of operating days of 983 (1966/2) (1H 2020 Days Divided by 2)
This should result in 9.83 million USD in RevenueConsidering January is a month whereby the Baltic Dry Bulk Handy size Index is below 1000 and it has only risen to above 1000 in the last few days of February, this result is pretty decent
Moving forwards, although we have not hit the heights of March, April figures are above 1000 and May's figure up to 11 May are also above 1000 (Increase since End April)
As such while i do not want to estimate the revenue again as it might not be accurate, it should turn out fine. Along side the disposal recognizing small gains. We should see a profit and dividend when announcement is made in August.
Unfortunately i was unable to fill my order today. Will see how it pans out next week.
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