How is this not $200+ / share? Sitting at $54/share. 2021 Net income equal to 73% of current market cap, 2022 expected net income to exceed current market cap, paid 35% yield in annual dividends, debt free, increasing fleet size, global shortage of vessels, demand exceeding supply for freight shipping. Shipping historically rates have always risen with a commodities boom, which we are currently in (the biggest ever I might add). Company promising to return 50% of net income to shareholders either through the generous divvy or share buy backs.
What am I missing here?