War play as of March 6 2026

DHT Stock purchase play

DHT daily profit = (VLCC rate - $17,500 breakeven) * 22 ships

DHT per-share = daily profit / 161M shares

Example at $400K/day:

($400,000 - $17,500) × 22 = $8,415,000/day

$8,415,000 ÷ 161,000,000 = $0.052/share/day

Each day you see VLCC rates above $100K, DHT is printing money. At $400K, they earn $0.052/share PER DAY.

That's $1.56/share per month. At $18 stock price.

Currently the war progression probability of a fast resolution is 25% (post first dividend payout)

probability for the repeat of Iraq 2003 is 42% which will yield 2 dividend payouts with peak projected towards $30-40

probability for prolonged conflict capturing 3+ dividends is 55%

Currently, the floor for DHT is $14 which is where we'd expect the price to go if the war conflict is resolved.

**As long as the war lasts PAST AUGUST - You're in GUARANTEED PROFIT even if stock crashes simply from the dividends. **