CSS 2.56% 19.0¢ clean seas seafood limited

appalling lack of candour, page-137

  1. 9,877 Posts.
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    Belive me i know i learn t the hard way through Tassal i lost a bundle on Tassal once the Aquaculture sector slides bail i have in CSS ..... Clean Seas King Fish Breeding Arm was never a proposition in the first place against wild caught Kingies and the company is going to pay dearly for it .....Contamination problems are agiven in Aquaculture and they all ways pop up in company's that are on the back foot Such a CSS ATM and will continue to worsen as they cut costs with in operations this will turn in to a nightmare for CSS and the SP will fester as it did with Tassal and Oz Barra and OYSA .....The holy Grail of cost effective Tuna farming is miles away and many billions have been sent in Japan to perfect the process CSS is a money grab for a pipe dream that was never going to be realised in the first place they should of stuck to canning and value adding in Cyro form .......this area of Aqaua Culture is way out of CSS league and the Balance Sheet and Mortality rate is proving the fact sad story for the industry CSS and we dont need this in the Industry ATM but the market will rule as usual and CSS will implode IMO very sad story CSS kinda reminds me of SSS Sams Seafood Brisbane Give a heap of Money to a heap of fools and they will blow it very quickly :(

    GB
 
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