why the Share price is crashing, page-5

That is a good news. The company may announce it when vessel is sailed. I also can not understand why the market is so panic on that vessel, giving that the vessel only carry 5,500 cattles, while they shipped more than 390,000 cattle in 2015 FY. It is less than 1.5% of sales. And the shipment of cattles was supposed to the sales of Otway, WLD only received the chartered income. They may share the loss together. The market cap for the company has lost $108m due to this event. This amount is good enough to buy a new Ocean Outback and all the cattles and sheeps on board. The market may concern the opportunity cost of this event, but it should not that signaficant.