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2.44% 21.0¢ clean seas seafood limited

why is the price so low now?, page-5

  1. Davidboy81
    185 Posts.
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    08/07/10
    09:45
    Post #: 6881015
    Its a bit disappointing that I can't see a turnaround of this one just yet.

    1. Possible cap raise
    2. Last cap raise was to pay old debt. They would have accumulated some new debt by now.Short on cash.
    3. Still no viable chain of operations - ie no fish.

    I have every confidence that this company will be star in the long run. But right now its just not up to scratch, really.
    CSS Price at posting: 7.1¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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21.0¢ 		Change
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