MCA 3.23% 15.0¢ murray cod australia limited

Yeah......it's aquaculture. Anything that can go wrong, will go...

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  1. 2,508 Posts.
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    Yeah......it's aquaculture. Anything that can go wrong, will go wrong, at least for somebody. I'm also a holder in CSS as well (though relatively recently), if you want to know what it's like grinding fresh salt onto your eyeball go read their last 5yrs of history, it's a tough read! But they are learning from their mistakes, and aquaculture is a bit like the airline industry. Every time a plane crashes it makes all other planes that little bit safer

    MCA has a lot going for it in this regard, most obviously its isolation as a land-based model from most things that cause problems for aquaculture. They are also in a good climate with the winter temperatures which is a good cleanser for the fish down around 10-13d C. MCA also has one of the country's top aquaculture vets 3days per month and biosecurity is a major priority

    Sorry, I do tend to ramble a bit on this stock. Very, very keen on it as a major multibagger (and dividend) investment in the medium to long term
 
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