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Does anyone know how many oysters they can farm per annum. The...

  1. MineralMaster
    1,685 Posts.
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    05/04/19
    12:12
    Post #: 38012055
    Does anyone know how many oysters they can farm per annum.
    The announcement indicates an increase of 360k and that they have a capacity of 20m now but i'm unsure how many are actually harvested and sold per annum. Just trying to do back of the envelope calculations.

    The 20m if all are sold are worth approximately $16m at a selling price of $0.80 each.


    Love the fact that time after time they keep reiterating they will be cash flow positive this FY. It has a be a sure thing....

    AS1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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