So a quick calculation of what the share price should reasonably...

So a quick calculation of what the share price should reasonably be:
based on 164,864,000 shares on issue:

production: 3,700,000kg of fish
price per kg: $17/kg
cost of production: $9/kg
overheads, incl D&A: $4/kg
net margin per kg: $4/kg
net earnings pa: $14,800,000 pa
net earnings per share: 9.0 c/share
PE multiple: 12
price per share: $1.08

if production and sales rise to 4,500 tonnes per annum, then net earnings rise to $18m pa, so earnings per share rises to 10.9c/share, so the share price target should be around $1.31. This company is about 45% undervalued at current production and revenue levels.