Note: I previously covered Ardmore Shipping (NYSE: ASC ) in October. In my last note, I discussed the company’s fleet, product tanker market, and financials. I was not excited about average dividends and a lack of buybacks. At that time, Ardmore traded at 73% PNAV. Despite the discountI am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pu ...