Deep Waters, Watson...30 Jun 2009 19:17
This is a very strange share! I bought yesterday and if I'd sold today I'd be down 10%! Can anyone explain why all those small deals appear in Recent Share Trades - it doesn't make sense. I researched the company (along with Globus Maritime) and it seemed to me that shipping companies are a highly-geared play on emerging from recession. When things are going well shipping does REALLY well. In addition, I was impressed that Goldenport have recently sold a ship for $11m more than they paid for it. Would you buy a secondhand ship from these people?