Finished work, watched a movie, had a couple of beers and check the phone. Update. When I see that, seems like a way of capping things. More of a psychological play on investor emotion. Lets see what this clown does next. IMO, he could continue, the same shenanigans (ie:
secret or dishonest activity or manoeuvring.
"the chairman was accused of financial shenanigans"
silly or high-spirited behaviour; mischief.)
until he finally decides to pack it in (and get serious). Then, believe what you want, but if he changes perceptions even moderately. That could, help him more so, than the smoke and mirrors, which he is beginning atm (cheaper aqusition). GLTA Make your own decisions. He is a millionaire. He has plenty of time and will use his influence.
I've got a feeling I've seen the same old, same old, before and how things will go. Let the show begin.
https://en.wikipedia.org/wiki/Hagen_Stehr
Stehr lives in Port Lincoln, South Australia where he manages his business interests in fishing and aquaculture, most notably Southern bluefin tuna (Thunnus maccoyii) fishing and offshore ranching in Spencer Gulf for export markets. The Stehr Group also propagates and grows Australian Yellowtail Kingfish (Seriola lalandi) and Australian Mulloway (Argyrosomus hololepidotus) through its aquaculture division, Clean Seas Aquaculture Growout Pty. Ltd. One of the wealthiest men in South Australia, Stehr is also the founder and chairman of the Australian Maritime and Fishing Academy. The Stehr Group has a commercial fleet of nine vessels.[2]
Stehr is sometimes referred to colloquially as a "tuna baron"[3] or "tuna king",[4] a term representative of the profitability of the business. He has previously boasted that when he sits down with his friends Sime "Sam" Sarin, Mario Valcic and Joe Puglisi, they are worth more than a billion dollars between them.[5] According to the BRW Australian rich list, his personal wealth was approximately $US135 million in 2009[6] after peaking the previous year at AUD$271 million.[7] In 2015, Stehr's business Clean Seas Tuna Limited was ranked number 88 in InDaily's Top 100 SA Businesses, with an annual revenue of $20,133,000.[8] Stehr's son Marcus is the managing director of Clean Seas.[9] In November 2016, shareholders of Clean Seas voted to change the company's name to Clean Seas Seafood Limited.[10] Stehr's business interests are represented in the South Australian parliament by political lobbyist and former politician, Graham Ingerson.[11]
Hagen Stehr was awarded Officer of the Order of Australia on Australia Day, 1997. He received the award for service to the commercial fishing industry and to education and training, particularly through the South Australian Fishing and Seafood Industry Skills Centre Inc.[12] He also recveived the Centenary Medal for services to the community in 2000.[13] Stehr was awarded an Honorary Doctorate of the University of the Sunshine Coast in 2010, and was included in the "three wise men" ceremony together with diplomat Richard Woolcott and Deputy Chancellor of the University, Tim Fairfax. He was named Seafood Icon, South Australia in 2009[14] and initiated into the National Seafood Hall of Fame in 2013.[15]
In 2014, Stehr participated in a trade delegation to China with Australia's Prime Minister, Tony Abbott as an ambassador for the seafood industry.[16]
In 2016, Stehr began supplying southern bluefin tuna to Darwin for sale at the Darwin Fish Market.[17]
Stehr has appeared in the 60 Minutes episode Drovers of the Deep (2004),[18] and his business was the subject of the documentary film Tuna Wranglers (2007).
CSS Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
(20min delay)