From the recent announcement they raised $15M and add $400K EBITDA in the short term - the $80M MC is mega high right now:
▪ Brand building to build and maintain margin is a key driver for the business. Well marketed Aqunacan sell for approximately $22.0/kg. At increased tonnages, this has the potential to substantially increase profit margins.
▪ New hatchery estimated to add approximately $0.4 million p.a. of EBITDA in short term, whilst providing capacity for long term growth.
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