Yes, it is very sad for the company and share holders but I don't think you can draw the same conclusion for the industry. Clean Seas Tuna ( CSS ) and other aquaculture conpanies have been successfully breeding YTK for many years in SA. WK is a new intrant to the industry and perhaps they don't have the experience and knowledge in YTK propogation. Their inability to succeed will benfit other YTK producers and re-inforce the significant barriers to entry into the YTK aquaculture business.
WKL Price at posting:
6.5¢ Sentiment: None Disclosure: Not Held
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