CryptoFundManager

GLBS GLOBUS MARITIME breakout potential

Long
NASDAQ:GLBS   GLOBUS MARITIME LTD
With a 16.102M MARKET CAP and a low Average Volume (10 day) of 178.412K, this asset can make a bounce due to some fundamentals or even speculations.

On Nov. 09, 2020 Globus Maritime Limited announced that it has secured new time charter employment.
The charter commenced on November 8, 2020 and has a minimum 10 months or a maximum of 14 months, at the charterer’s option (plus or minus 15 days for redelivery), which is expected to generate gross revenue of approximately $3,200,00 assuming the charter continues for the minimum scheduled period and approximately $4,900,000 if the charter continues for the maximum period, in each case assuming no offhire days. (globenewswire.com)
Comparing only this contract with the market cap and we might just see a nice bounce from here.

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Comments

Is already ticking in price, yesterday was almost 10 dollars.
+1 Reply
@vik0q, ready to blast? what di you feel?
Reply
I have to ask you, how long would it take to see increase in price ?
+1 Reply