It would appear broke, gentlemen. Someone's boat got floated but it wasn't the client's. If it is increasingly non profitable to do your business on the lay side and there is a further 6m stretch of leaks and creaks in the timbers to come, why not short the ship?

Might be a whole lot more pleasurable.

LG

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The trick isn't finding profitable angles, it's finding ones you will bet through the ups and downs - UB