CSS clean seas seafood limited

Disappointing price, page-28

  1. 1,956 Posts.
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    No thats not the case. They provided a date as it is a date they expect to hit. There is nothing more to it. I think you are struggling on this pt. There is no misrepresentation.

    You need to take a close look at my previous posts. Its pretty clear that I havent misread nor unsubstantiated. Eg I provided figures around dwindling cas bal. Thats substantiated. Hence where is the money going to come from? Tapping finance facilities is an option but then it will increase their funding costs. Its a loop. Its exactly why they wont be cf+ until '21. They need to reach a pt in sales revs where they can self sustain and they are not there yet.

    I hope Im wrong for the sake of SHs. Never nice to see ppl lose wealth unnecessarily. Better to be out to take opp at lower SPs.
 
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