Why expect a sell off tomorrow? That news has been arround since last week so theres been ample time to sell off. From another forum:
Removed names. Here is the reply I received from ADY:
"Dear XXXX,
Thank you for your email.
We haven’t been, formally or informally, advised that Ultrabulk has filed a court case against Admiralty.
Admiralty entered into a charter party contract with Ultrabulk S.A. for our last shipment, the Abkhazia.
The ship has not yet arrived to port and the freight has been paid for. Therefore, there are no evident reasons for ADY to understand why they would file a court case.
Kind regards,
XXXX"
ultrabulk s.a. v. admiralty resources nl , page-2
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