clean seas on landline next sunday, page-13

If I may share with you my opinion, this company should be treated in the same way as a biotech company, not as a traditional aquaculture company.
Aquaculture is an established, proven and commercially viable operation overseas, for example, Cermaq, a Norwegian owned company produces over 330,000 tonnes of Atlantic Salmon and Ocean Trout per annum (BTW, Tassal does how much? less than 7,000 tonnes, that is another one to avoid).
Tuna however is not farmed commercially anywhere yet, the Japanese have been trying for over 40 years, with the backing of the Japanese Government.
If they do crack it, the share may do well in the Short Term except that the IP will almost certainly be lost within 2 years back to the Japanese.
It is a fact that staff have a habit of walking off with their trade secrets and the Japanese staff to be blunt probably already hold the IP in their heads.
Aquaculture staff tend to have what they call "fishfingers" similar to green fingers in that one person can perform exactly the same "process" with wildly different results.
If the business were Kingfish (over 180,000 tonnes per annum farmed in Japan) I could support this proposition but the Tuna story was a folly that has absorbed substantially more funds than was forecast in the Prospectus, and that is an indisputable fact.

More funding will be required, if you want some of this stock, wait for the next placement to be announced which will be within 6 months IMO.