Maybulk: before and after POSH

This is the share price chart until the announcement of POSH:

It reached a high of RM 5.40, it had come down since then due to the global economic outlook. Also there were worries about oversupply for tankers and bulk carriers. On the other hand, Maybulk would go into the recession with more than RM 1,400,000,000 in cash and short term deposits (Septembe…