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0.0342123321243017 0.0195078913831978 -0.0197039505930791 -0.0197039505930791 -0.0254876972845799 -0.0468581511616508 -0.036270953828056 -0.0330359768650132
Stock impact report

Rubico Announces Management Estimate of Net Asset Value to $94.2 Million [Yahoo! Finance]

Rubico Inc. (RUBI) 
Last rubico inc. earnings: 2/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
shipping transportation services specializing in the ownership of vessels, announced today that after taking into account the most recent charter free vessel value estimates from a third party international broker, debt outstanding and cash, management estimates the Company's net asset value (“NAV”) as of December 31, 2025 to be $94.2 million. This translates into a NAV of $22.88 per common share (based on number of common shares currently outstanding) and $15.08 per common share on a fully diluted basis (assuming exercise of all the 2,128,854 outstanding warrants and prefunded warrants). The Company's CEO said: “As per the latest market close, we are trading at a 94.4% discount to the Company's current estimate of the fully-diluted NAV of the Company. The company's fleet has an average age of about five years, consisting of state-of-the-art vessels equipped with the latest eco-friendly and fuel-efficient specifications and features. Our time charters with high quality customers h Show less Read more
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