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Safe Bulkers (SB) files a shelf registration statement with the SEC for the right to sell up to...

Safe Bulkers (SB) files a shelf registration statement with the SEC for the right to sell up to $300M worth of securities. (F-3)
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Comments (3)
  • fhawkins3
    , contributor
    Comments (6) | Send Message
     
    This is the 3rd time in the past couple of years. Maybe good for the company long run, but not good for shareholders right now, when the company sells more stock.
    1 Mar 2013, 08:06 AM Reply Like
  • User 478624
    , contributor
    Comments (3) | Send Message
     
    what are they going to do with the money??? investing it into the company to buy more ships would give them a bigger market and make them one of the larger company, which would be good for the stock holders
    1 Mar 2013, 08:55 AM Reply Like
  • taubs
    , contributor
    Comments (79) | Send Message
     
    When I saw the family up stake to 60% had feeling this was coming. No one likes dilution but ships are great buys right now. Hopefully use sparingly on ship to ship basis on second hand market. Eco newbuilds may be on table too
    1 Mar 2013, 09:03 AM Reply Like
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