I have been watching GMR for a while. I have not purchased any shares yet. I was ready to start accumulating about 3 weeks ago, and I am glad I hesitated
In my d-d work, GMR seems to be a decent company. I have not found a plausible explanation with the recent price drop, except for the fact that GMR is among the few ships that still pays divy and this may change soon. Is the recent price drop due to anticipated disappearance of dividend? Anything else I ma missing?