Rickmers Maritime Trust

[hkl]

That said, i wont know about the short term share price fluctuation but i am quite certain that in the long run, if these 2 companies dont do a rights issue or a share placement, the share price will definitely drop to a theoretical ZERO

Is this a calculated conclusion or are you just anyhow make conclusion?

Their equity is not ZERO, how could they definitely drop to a theoretical ZERO?

If the assumption is that all equity will be paid out as dividend, then all shares will definitely drop to a theoretical ZERO. It makes no difference with any companies.

I guess money is saying that these shipping trusts are stuck in between a rock and a hard place. Without a fleet renewal plan and with all the cash being spent on dividends and repaying interest and debt, the only cash generative assets (i.e. the ships) will eventually be depreciated and scrapped in the long run.