In contrast to highly speculative sectors (like oil and gas for instance) we know where this stock is going. The production increases are supported by excellent prices and solid domestic and overseas demand. When CSS eventually produces 5000 tonnes it will get close to Tassal's production levels. I expect the share price to be over a dollar by then.
For those that are still pining for a continuation of the BFT story; that might be happening way down the line in the background. It's a difficult science; they got burned and will probably at some stage try again. Meanwhile the profit margins on the current fish species are also excellent.
As an AAC poster recently stated; "An unsexy but efficient investment..."
As always: DYOR!
CSS Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
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