DryShips crashed by almost 15% following the deeperthan expected loss and an admission a $77m cheque could soon be posted tolenders to correct a covenants breach.
DryShips, which has also pledged 7.9 million sharesin Ocean Rig to remedy a value maintenance clause shortfall in one of its loans, lost$51min the three months to the end of September.
Its earnings pershare hit the tape at negative $0.09,
