NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Haha I dont think so. Definitely unfortunate for the business,...

  1. 58 Posts.
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    Haha I dont think so.
    Definitely unfortunate for the business, and not what we'd hoped for, particularly those who've bought in at 5c+, this definitely could've been a strong announcement that got the SP rising again.

    However if you've got a LT investment horizon I wouldnt worry too much about it quite honestly. Aldo and Andrew have already mentioned the number of agreement announcements which just need to have their t's crossed and i's dotted, its a pity that the TH wasnt due to a material client onboarding, but thats the game we're all playing.

    From my knowledge, this has been the only truly negative impact that Covid has directly had on NZS so far. My only concern would be if other clients may consider pulling their deals from the table seeing as though SMB havent been able to meet their contractual minimums. This raises the question as to how much of a market that there is for Ling and Marine Neutraceuticals at the moment globally, only time will tell.
    Last edited by b-lew: 13/10/20
 
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