Top executives at Singapore-based Grindrod Shipping have expressed continued frustration at the company’s low share price.
The Nasdaq-listed bulker and tanker owner currently trades at significantly less than half of its net asset value (NAV).
“Well, it is frustrating, there’s no doubt and we do seem to suffer a bigger discount to some of our peers,” chief financial officer Stephen Griffiths said in a recent conference call with investors.
