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0.00% 0.2¢ new zealand coastal seafoods limited

Yes, you are correct they do have nearly 4 quarters of cash...

  1. Willton
    485 Posts.
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    11/08/20
    08:35
    Post #: 46441703
    Yes, you are correct they do have nearly 4 quarters of cash remaining, however companies often look at capital raising whilst they are in a stronger rather than weaker cash flow position.

    Whilst I am unsure of the current product production capacity, If they continue to deliver a strong and steady stream of new contracts / agreements we may see the need for plant and equipment expansion and a funding requirement.
    NZS Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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