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0.2¢ new zealand coastal seafoods limited

I have finally had enough of looking at red figures. Just sold...

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Spingold

29 Posts.

4

29/10/21

13:04

Post #: 57179041
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Originally posted by SW3E524: ↑

Maybe some life left in this dog after all.
926k cash receipts, 1.3M operational costs. 400k loss for the quarter with cash at bank of 2.3M
344k administrative and corporate costs for the quarter seems sus.

If old mate fletcher keeps going alright, chance they might be cashflow positive next year.
Might just get some of my money back after all.

I was gonna dip out of this, but might sit on it and see how they get on over the next few months.

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I have finally had enough of looking at red figures.
Just sold out...
Will buy a painting for wife with small amount left.
It won't earn money either, but at least we can enjoy it while it sits there and does nothing .

NZS Price at posting: 1.1¢ Sentiment: Sell Disclosure: Not Held
14 Upvote

0 Great analysis

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