HUO huon aquaculture group limited
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$343M debt. $40M soon maturing PLUS $60M payable after...

  1. mdesai
    456 Posts.
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    08/10/20
    20:25
    Post #: 47956659
    $343M debt. $40M soon maturing PLUS $60M payable after offsetting receivables. The Company needs over $100M to serve this while their income for next two years will be $10M and the money (asset) is currently in the Sea (we hope no risk to that live stock from any disease/disaster)

    SP may track below $2.50 in short to medium term, as investor flee to other opportunities.

    No wonder HUO SP has gone down by 25% while AllOrdinaries has gone up by15% over last 4 months. That is big opportunity loss (40% gain difference if one would have bought just an ETF)

    https://hotcopper.com.au/data/attachments/2542/2542075-c9ed54e44f53d3bc3363e35d0d630423.jpg

    HUO SP price target $2.50
    Last edited by mdesai: 08/10/20
    HUO Price at posting: $2.78 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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