I think the sell off is because the market dislikes reduced forecast harvest volumes, and increased CAPEX for the next few years.
Like I mentioned in a previous post when compared to their Norwegian peers, NZK has a long way to go. Many things can go wrong in the process of going open ocean farming.
Ann: NZK FY20 guidance, page-4
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Last
21.0¢ |
Change
-0.010(4.55%) |
Mkt cap ! $113.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.0¢ | $1.851K | 8.805K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20789 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 43716 | 1 |
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| Last trade - 14.15pm 15/11/2024 (20 minute delay) ? |
| NZK (ASX) Chart |