investment case, page-5

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    @NoLeafClover
    thanks very much for this note, NoLeafClover.
    Quite detailed and well balanced article.

    Some interesting information about oyster farming :
    - "several farms that struggled through the initial portion of the pandemic have ceased production"
    - "many farms in Australian waters (mostly located off the coast of West Australia) have been ravaged by disease".
    Obviously, this element regarding supply of south sea pearls is another positive element for their pricing power.

    Other point where I agree with him : surprising that there is not more insiders buying, given the recovery and the valuation of the company.
    Last edited by saintex: 07/03/22
 
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