Quote Originally Posted by Geoff Parkstone View Post
Interestingly hes just raised a huge amount of money via an IPO in Norway I think to invest loads in oil tankers... not sure if thats a great strategy as of today, but its mostly for newbuilds that wont be delivered for a while yet. However with 10% of world trade going through Hormuz (or rather not now) demand may be slumping unless a few get blown up. Maybe he will divert the funding into Forest as thats another sinking ship - boom boom Mr Derek.
Yeah the ship may have sailed on that opportunity