Hi GW,
I have to respectfully disagree, I am confident that if this facilty is built and fully operational then shareholders will make a motza.
- I am sure Nissui have completed exhaustive due diligence prior to jumping onboard.
- Previous price of 0.16 when project was at infancy stage, how high beyond that when the project is actually making money?
- Check out WHA, rising to $2.60 at one point with nothing to back the price up except the hype around infant formula sales to China.
- Revenue has increased by 9.1% in the last year, without Seadragon coming online
- NT and WA governments both onboard with the project.
- Possibilty of moving from 1800t per per year to 100000t per year... that is massive!
- Collaboration with CSIRO and JCU which further prove legitamacy
Once in full production mode I am confident of $1+ share price which is conservative.
I read somewhere, sorry, don't remember resource but they quoted in a fews years shares of Seafarm ( if all goes according to plan of course ) to be approx $6.90AUD. I have also read that the price is undervalued at the moment.
I have been out of the market for a while but my first buy back in is with SFG
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Mkt cap ! $12.09M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.672K | 1.068M |
Buyers (Bids)
No. | Vol. | Price($) |
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30 | 27694789 | 0.2¢ |
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Price($) | Vol. | No. |
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0.3¢ | 16547915 | 13 |
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30 | 27694789 | 0.002 |
18 | 71002521 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 16347915 | 12 |
0.004 | 2824792 | 10 |
0.005 | 1988951 | 10 |
0.006 | 1118347 | 5 |
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