SFG 0.00% 0.3¢ seafarms group limited

Ann: Resignation of Direction (M McMahon), page-32

  1. 80 Posts.
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    Firstly, my argument was not that Trahar had paid above market price, my argument was buying when Trahar bought was not a way to make money as he has lost money on every purchase he has ever made (arguable on the last one as we are quibbling over half a cent)

    Please advise how you think "Queenland Farms are profitable". Cost of Goods Sold have always exceeded sales, management have always attributed this to costs associated with Se Dragon, until MM pricked that bubble and confirmed they have lost money 7 out of 8 years.

    As Amused Observer says, you guys have run out of saviours. it wasn't NAIF, it wasn't the Feds, it wasn't Jan Cameron, it wasn't MM and IB. There isn't one, and given the way MM has been treated, any new board will be even more complaint than the previous ones
    Last edited by Wilberforce55: 14/05/22
 
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