NZS 0.00% 0.2¢ new zealand coastal seafoods limited

What an overreaction by the market...sitting on a market cap of...

  1. 2,997 Posts.
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    What an overreaction by the market...sitting on a market cap of 16 million.
    And what we got for 16 million? + - 5 million in the kitty, directors with plenty of skin in the game, a growing company with plenty of irons in the fire in a growing worldwide Nutraceutical market worth 387 Billion, established and some in the infantry contacts with mayor players in Europe,China,Hongkong,Japan and other countries,plentiful of best quality raw materials, great local connections, expanding ready to eat products, plenty of new nutraceutical and nootropic products under development, in the process of introducing oil extraction equipment, all startup costs (costs of listing and raising money, drying facilities, grinders and other machinery etc) are all covered with no debt......
    Doesn't leave not much for the EV enterprise value...
    Didn't think it would get that low, but happy that all the mayor institutionals left the room, shame that so many small holders got sucked into this sellout instead on relying on their own fundamental research.
    I for one took the opportunity and topped up today @ 0.022 and 0.023 again...Cheers
 
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