CSS clean seas seafood limited

I think they will need to dip into the $8M. Growth is based...

  1. 175 Posts.
    lightbulb Created with Sketch. 8
    I think they will need to dip into the $8M. Growth is based significantly on increasing sales and for fish that means increasing inventory. Increased inventory means we are paying for fish feed for months in advance of when we sell the fish which is bad for cashflow in the short term. But long term I think the cash situation will be positive I'm a long term investor (I'm not buying more but that is because this is already the company where I have the most invested).

    ps. does anyone have speculation for the big rise in the SP today?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.