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0.2¢ new zealand coastal seafoods limited

I think it was a $4.4mil deal for 1000 tons. which would be...

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hydrasiege

29 Posts.

24

13/10/20

21:02

Post #: 48068315
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Originally posted by geem: ↑

I can't remember the dollar figures for these orders,
but weren't they selling the Maw dirt cheap as a wholesale price to SMB,
somewhere 10 times or it could be more, under what the product retails for.
This deal not fulfilling doesn't sound as bad as it seems.
Leaves management to perhaps get a better deal for next time,
maybe higher prices.

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I think it was a $4.4mil deal for 1000 tons. which would be $4.40 per kg of ling maw? Not sure if this is the correct way to calculate it. But that seems like a very cheap price for what it retails?
Maybe it may mean that NZS can find a different buyer for a more lucrative price?

Last edited by hydrasiege: 13/10/20

NZS Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
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