Introduction
The previous weeks have been a nightmare for the unitholders of GasLog Partners (GLOP) after seeing their unit price plunge over 50%, which has now brought their total crash to a staggering 75% since late 2019. This massive plunge was due to their distributions being reduced by 78%, with the savings being utilized to provide more flexibility to strengthen their financial position. Whilst this has been very painful for their unitholders, it nonetheless provides a desirable opportunity going forward as their units are now seemingly priced for less than zero future