Not sure we will see 25c again unless there are big probs. The co now has no debt and 40 mill cash in the bank. We are awaiting positive news on feedstock. News on spawning and transfer to sea cages is due, if they can prove they have been able to get the fish to spawn again we will be re-rated. The YTK business is now profitable and will be more so according to the co with turnover already 40 mill p/a. We have just put one of Australias most sought after ceos in charge who has a history of turning companies around ie santos. We are awaiting cuts to the NBT on top of recent sbt cuts which will dramatically push tuna prices higher.
CSS Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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