SFG 20.0% 0.2¢ seafarms group limited

So did anyone ask the question. What will deliver shareholder...

  1. 46 Posts.
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    So did anyone ask the question. What will deliver shareholder returns in the next 4 years?

    First stock at the grow-out facility Q2 2021. Does that not represent basically a 2 year delay to the project from original plan? (I'm aware of the 1 year construction delay, but didn't think this pushed any sort of production to the second half of 2021).

    Positives:
    '17 Revenues\Increased margins look good
    Licences\Approvals look good
    Business case is definitely valid and opportunity is huge

    But in summary, I simply cannot see how this share price will rise above 7 cents and stay there again in the next four years with this plan? The company will continue running at a loss as it invests and we will feel the effect of another equity raising at some point.

    I will be invested until the end, but god that is a long time waiting on sidelines.

    Would love for someone to correct me on this though
 
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