SB - Globus Maritime - H2 Results Likely To Be Great With Legacy Charters Expiring

• Small, Greece-based dry bulk shipper's shares sell off following weaker-than-expected second quarter results.
• Company announces acquisition of an additional, 2015-built Kamsarmax vessel for $28.4 million.
• Discussing recent equity offerings and updating estimated net asset value per share. Stock continues to trade at a steep discount to NAV.
• With remaining legacy charters about to expire, H2 results should be vastly improved with Q4 likely to be a stellar quarter for the company.
• Speculative investors and traders should add the stock to their watchlist or even consider a rebound trade as strong market conditions and upcoming earnings releases provide decent trading opportunities.

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