Scorpio Tankers has amassed $280m on its balance sheet to see it through one of the worst tanker markets in history and is just weeks away from the total reaching $360m to $370m.
So is this sum just right, too much or too little?
All three possibilities were debated during a quarterly earnings call in which some equity analysts were openly sceptical of assurances from Scorpio president Robert Bugbee that the company is solidly positioned to take advantage of a market already in recovery.
