Any charterists care to take a punt on where the floor will be for this current wave of downward momentum?
I'd guess that high 4.40s the other day is close enough to the year's low of 4.34 to call it until more news hits.
Anyone have any thoughts?
Still not sure if I'll get in before brexit as I have a feeling 'leave' may yet win... It's not that I don't think it is great value here again, but just that there is the chance of a big 'scare' down at some point giving a much better ST entry.
HGG Price at posting:
$4.64 Sentiment: None Disclosure: Not Held