CSS clean seas seafood limited

future prospects

  1. 1,402 Posts.
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    what will happen in the future and who will be king?

    why on earth would another company/competitor be contemplating entering the market, unless it was viable?
    http://www.abc.net.au/news/2016-08-31/kingfish-die-in-geraldton-trial/7801756

    others have failed, case in point "In 2006-2007 then publicly listed, Western King Fish Ltd invested $8 million into aquaculture ventures at Jurien Bay including a Yellowtail Kingfish project. The company went into receivership in less than 18 months due to disease outbreak in the fish stock."  but CSS are on the road to increased production and hopefully profitability, which is meaningful to investors who can hold their cool.
    http://www.abc.net.au/news/2016-05-16/wa-yellowtail-kingfish-aquaculture-harvest/7416232

    and like the other posts in the past couple of months:
    HUON AQUACULTURE IN PORT STEPHENS
    https://www.huonaqua.com.au/community/community-consultation/huon-aquaculture-port-stephens/
    why would they try unless there is potentially enough money (drinks@ the bar) to make it worthwhile??

    yet the competition is still willing to give it a try and look for capital shortly??
    http://www.abc.net.au/news/2016-08-31/ytk-fish/7801734
 
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