I second everything you said. I have followed CSS since 2008 and started to buy in after the taurine debacle resolved- a bit too early. That said, I suppose what impresses me is their steady improvement in operations. Mgmt excellent with last years cap raise looking very well advised. They really are shaping up to be a quality company. The best economic moat ultimately is just being a well-run company. And the fish gets unanimous rave reviews.
The sector looks good- increasing protein demand around the world and feed costs should drop precipitously as Cargill and Bunge start to make omega-3 rich feeds from canola in 2020.
Ann: Clean Seas Continues Sales Growth and Launches SensoryFresh, page-22
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