Hong Kong airport
Wednesday, March 5th, 2025
By Tom Dyson, Investment Director
Whew.
We said we’d sell HAFN if it closed below $4.02. It traded below $4.02 intraday on both Monday and Tuesday but it didn…
Ignore Volatility
The cash represents negative leverage. And those old ships’ value should move up and down with the scrap steel price and with the company's expected revenues over the next seven years.
