430 ton! 1000 ton by 2021? Fish are not affected by covid, what a shocking excuse, even though the company claimed covid assistance, even for the Directors!
No capital for expansion "plans", no tangible operating capital, no sensible sales increase (price increase doesn't constitute margin in this case). Imo its going to sink into debt without a takeover.
Totally over-valued biological assets. Not measured, just a guess. Selling fish eggs? How is the smoked product going?
No evidence of off season breeding?. Only if there were laws to protect investors from misleading, vague information... only if there was a dump option in the post....
Ann: Annual Results Presentation, page-2
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Last
8.6¢ |
Change
0.003(3.61%) |
Mkt cap ! $84.49M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.3¢ | $25.91K | 308.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 191058 | 2 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
8.3¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.3¢ | 190717 | ||
| Last updated 13.39pm 07/06/2024 ? | |||||
| MCA (ASX) Chart |