CSS 0.00% 20.5¢ clean seas seafood limited

time magazine 2nd best invention, page-12

  1. 18,493 Posts.
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    Cheers Dan..

    Well that just about confirms it for me...CSS is a steal at current levels and if we get even more tuna bans then prices should fly.
    The management is now in place, the funding is in place and the market is there.

    As the previous postyer said I think many have been put off by the recent placement so soon after the last one ie 5 months but the reasons for that were unforseen...

    "Entry level price attractive. The recent surprise $42m funding round (Rabobank/Ridley Feed pulling credit lines) so soon after raising $23m in May has hit the shares hard. "

    Thats a big part of the reason why we are able to pick up CSS so cheap...Im holding close to 700k shares and will buy on weakness.
    Once 29.5 goes I expect the stock to quickly move to the mid 30's which should be in the next 2 weeks prior to spawning/fingerling results.
 
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