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2012-10-25 16:53 | Report Abuse
Thx raviy2k13, your words make sense. The good news is that the stock is moving up now :)
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2012-10-25 12:14 | Report Abuse
I bought maybulk at 1.60 in August 2012 when the Baltic Dry Index was at 715 and the share price tumble right after. The index has been recovering since late Sept 2012 and is at the level of 1,088 today. Hopes the share price will rise to 1.60 again, possible...?
Stock: [MAYBULK]: MAYBULK BERHAD
2012-10-30 11:03 | Report Abuse
Rates to ship dry-bulk raw materials by sea are recovering after a four-year slump as Chinese demand for iron ore surged to the highest level since 2009, according to DNB Markets....read more
http://www.bloomberg.com/news/2012-10-29/dry-bulk-shipping-recovery-seen-begun-by-dnb-markets-on-ore-2-.html