There's dilution of shares to fund prawns. Also risks that the new prawn farms will not be profitable in first year or two.
good post Len. I still hold, but didn't participate in the capital raise, and still not adding yet. happy on the sidelines with a small position. if people want to dilute me through a capital share placement above intrinsic value, be my guest.
even though I get diluted, you are providing cash funding which benefits me under the circumstances
TGR Price at posting:
$4.19 Sentiment: None Disclosure: Held
Len
