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0.2¢ new zealand coastal seafoods limited

4c fair value ($30M), 8c short term target ($60M), page-1565

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JDudley

573 Posts.

144

12/08/20

11:57

Post #: 46479865
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Originally posted by bavarian1975: ↑

Don’t worry about the CR. Cr at the end of the day, will probably happen in next 6 months maybe 9 months. Make sure you save enough to take part - (if they offer). yes there is dilution, yes price may track back a bit.
But what matters is, what will the CR be used for? will it be used for growth? Hopefully.

All indications suggest this is their thinking. I noted a few times Aldo noted they could be doing some things (like getting supply of Ling maw) but they wouldn't be focused on that. Why.? They are focused on nutra-market, getting contracts and expanding market. This is what we want to hear in a small cap growth stock. They sound like they are focused on growth. If they are, I have no prob with CR, as long as its used to for growth and to push fwd. We will see.

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Yeap agree. Any CR would only be to expand so shouldn't be feared. It's not a mining or tech stock.

NZS Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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