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I also find it quite sporty, on the other hand: with a high quarterly dividend (in my opinion, there is currently no reason for a large reduction), the dividend discount must be offset again.
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@KevinCthe profit prospects have been significantly reduced.
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@Khlmysee but freight rates have been falling continuously since January. Perhaps more slowly than the market has priced in?
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@KevinC MPC actually only "leases" the vessels and the conditions are already fixed. That's why they can't really go in any direction in the short term. Maybe they are gearing up for a special dividend... 😅
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