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2.8¢ rare foods australia limited

Exactly. The top 20 shareholders are very widely spread, which...

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PhilMiner

264 Posts.

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16/11/17

20:32

Post #: 28869602
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Originally posted by Tarvold ↑

Some people should really read the prospectus. OGA abalone take 18-24 months to grow not 4 years!
Company expected to be cf postive at 200 tonnes, which is what they expect to achieve with the current funding.

OGA is similar to CSS but is at an earlier stage, CSS is doing amazingly well at the moment but suffered badly in the early stages due to poor trials & feed issues.

Don't expect completely smooth sailing but looks promising at this stage.
40c in the next 2 years is my target, small investment at this stage until first results.
Keep a close monitor on performance vs prospectus plan.

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Exactly. The top 20 shareholders are very widely spread, which gives me some confidence that other more sophisticated investors see the potential.

OGA Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $7.616M

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