CSS 5.26% 18.0¢ clean seas seafood limited

successful spawning of tuna , page-21

  1. 416 Posts.
    Interesting thoughts

    We had 12 million eggs being spawned in Estuary Cod, with a fert rate of around 70-80% for 12 nights straight. The larvae grew, but we were trying to discover first critical feeding stage. we measured the osophogus size and figured that a bi-valve veliger or trochophor would do it, but we were to late and lost all the eggs, and hence the production run for 6 months. this was enough to close the farm i ws on unfortunately due to funding.

    All in all, the Asian's have it sussed, strip spawn your adults and grow them out. hopefully their management team has research this thoroughly.

    The thing that got me about CSS (have sold out since 50c to 90c) was that they would drag fish in from the wild and grow them out. When they bought out the major competitor (Kingfish) it was another great step forward.

    My concern now is their sucess with SBT's and you look at TGR's performance with market being local and I hang a question mark over the share if the SBT's don't be successful.

    All in all, it was great read a proper prospectus years ago invest, see management have financial backing and make the right decisions. Great company to hold though, good luck all :)

    jack
 
watchlist Created with Sketch. Add CSS (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
-0.010(5.26%)
Mkt cap ! $36.23M
Open High Low Value Volume
18.5¢ 18.5¢ 18.0¢ $15.46K 85.92K

Buyers (Bids)

No. Vol. Price($)
4 194010 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 58645 2
View Market Depth
Last trade - 15.31pm 16/08/2024 (20 minute delay) ?
CSS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.