RE: SP moving2 Mar 2024 07:07
Hi Krusty , don’t I wish lol !!!!! But definitely interesting tunes ahead . I went over the figures yesterday . In a very short space of time the debt pay down from the acquisition has been astonishing, esp given poor charter rates . Let’s also remember that existing holders did not have their share holding diluted by any share issue, quite a rare event these days . We are now have a fleet of very modern all Japanese vessels with the addition of a couple of newly built vessels that have greater carrying capacity overall . Personally I feel the London market valuation of such a well run and growing company is a joke .