E33
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0.00% 2.2¢ east 33 limited..

IPO - East 33 Limited, page-17

  1. jsarz
    33 Posts.
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    29/03/21
    21:22
    Post #: 52125042
    I wonder how this will play out given the flooding and this news article I found..

    I liked the idea of the company but unsure how the future harvest will be this year given that oysters take 3-4 years to grow and some leases are reporting up to 90% of their leases are damaged.

    https://www.abc.net.au/news/rural/2021-03-26/oyster-farmers-devastated-by-nsw-floods-ahead-of-easter/100031308

    Would be good to get clarity on the leases that East 33 hold and the damage associated with them.
    E33 Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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