COLUMN | Solstad Offshore and Aker Capital: circular reasoning and circular dealmaking [Offshore Accounts]

Offshore is a cyclical industry; when assets are at their cheapest, nobody wants to buy them, and nobody will lend money to acquire offshore vessels and rigs. If only I had had the foresight to buy Tidewater stock in May 2020 when it traded below US$5 per share, as opposed to US$68 on Friday. But...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-solstad-offshore-and-aker-capital-circular-reasoning-and-circular-dealmaking-offshore-accounts/

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