I read the entire announcement front to back twice
At first i thought the fingerlings died but please read below
Fertilised SBT eggs were also transferred to ****SARDIs facility at West Beach***
for continuing larval rearing trials and the preliminary assessment of the
SARDI trials is that they have been ***successful**** and *****achieved their objectives.*****
The program to date has raised new challenges and the oldest fingerlings
survived to 38 days old and were actively feeding on live feed. This year the
company was successful in feeding the larvae their first live feeds, whereas in
the previous year this was a significant hurdle. The larval rearing staff are
currently conducting a detailed review of the season to date and are working
to further refine procedures and programmes before the next spawning.
It is only the test subjects at SARDI's research facility that died.
The reason why the share price actually dropped is this
Bottom page 14.
If support from financiers and / or equity raising do not eventuate, and / or profits generated do not increase, the going concern
basis may not be appropriate, with the result that the Group may have to realise its assets and extinguish its liabilities, other than
in the ordinary course of business and at amounts different from those stated in the financial report. No allowance for such
circumstances has been made in the financial report.
Basically if the company doesnt make a profit or get bailed out by bank or capital raising CSS is screwed.
However... STO was rescued by this guys and so will CSS
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CSS
clean seas seafood limited
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.28M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $48K | 355.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3997776 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 351442 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 3997776 | 0.135 |
1 | 4523 | 0.130 |
2 | 42200 | 0.125 |
1 | 7500 | 0.120 |
1 | 7826 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 351442 | 16 |
0.145 | 68473 | 1 |
0.150 | 2000 | 1 |
0.155 | 8000 | 1 |
0.170 | 40000 | 1 |
Last trade - 10.00am 14/07/2025 (20 minute delay) ? |
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