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0.2¢ new zealand coastal seafoods limited

Ann: Trading Halt, page-284

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13bensyd

94 Posts.

14

19/10/20

11:10

Post #: 48195041
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Originally posted by Tiga33: ↑

IMO, NZS has over-reached in its endeavours to be transparent.
As a direct result the market has been given too much information regarding negotiations that are underway, rather than deals that have been locked up.
Maybe this has been due to the relative inexperience of the BOD, but it has resulted in a fuelling of premature expectations as to "runs on the board."
The recent correction is somewhat of a reality check.
The upcoming quarterly should reveal what has been accomplished to date.
The underlying value of NZS should give patient LT holders confidence in what lies ahead with this investment.
NZS at current prices represents an opportunity, rather than cause for concern.
I am continuing to accumulate as liquidity permits.

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I agree, there wouldn't of been so much dumping if shareholders didn't expect so much so soon. 3.5c is a fantastic price!! The thing with stocks this size is that they tend to ride on news.

NZS Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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