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0.00% 1.7¢ rare foods australia limited

Been following the company for sometime and looking to invest...

  1. LT_Investor
    4,292 Posts.
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    09/05/18
    08:50
    Post #: 32972320
    Been following the company for sometime and looking to invest however i still can not work out why they sold more than 30 tonnes but o ly received $330k
    Operation costs will remaining extremely high for the next three quarters.
    Processing costs is also very high. They would save that money by just sell abalone with shell.
    Winter season is approaching so i guess less activity and therefore revenue will be done for the june quarter.
    OGA Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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