thinking of investing but also concerned about operating losses. Has the management every set out how the plan to get costs below revenue. Looked through announcements and financials but it’s a bit of a mystery if getting costs down is possible and if possible can they get costs below a weak fish price to survive through the cycle if covid drags on the price.
any longtime holders have a view on this?
morningstar has this stock as a spec buy.
cheers
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clean seas seafood limited
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Ann: Appendix 4C and Quarterly Activities Report, page-6
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