COZ commodities group limited

Most loss-making companies don't pay a dividend, and the ones...

  1. asf
    9,887 Posts.
    Most loss-making companies don't pay a dividend, and the ones that do- the loss-making ones- are a bit irresponsible to do so.

    Meanwhile, this share came up on a year-low scan. Smacked by a change of government with its carbon sales, but the black prawn project looks really exciting. I note they have $20m in the bank, and not too much debt. I hope they get some large investors on-board. Very savvy of the company to "spread risk" away from carbon, even if aquaculture is one of the riskiest businesses around.
 
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