A 1.6m trade at 3p..does not bide well.
SP now under 3p..QFI is becoming a joke.
The interim LONO should be issued to Maersk and QFI.Once issued QFI need to get this product commercialised ASAP.
QFI should now put Maersk to the side out go out and try to obtain commercial deals with all their marine competitors.
If you believe in charts to forecast the SP you are totally deluded.
An interesting point is that after the buoy incident none of the large institutonal investors sold large stakes of their holdings.
It will be about a week before the ship is in the port for repairs, about a week for the repairs and a further week before it starts a new cargo schedule. I could be wrong but lets see.