CSS 30c pattersons just put conservative $1.30+ target last week...afr said 2 weeks ago was a potential 100 bagger.
Just got one of aus's most high profile ceos to be ceo and will join the board in 2 weeks when agm is held.
Fish should be spawning now and results due in a few weeks and then moved out into the ocean in january which the company has succesfully been doing for decades.
Time magazine ranked it the 2nd best invention of 2009 this week behind nasas new missiles.
Tuna fishing was cut back by 20-30% in aus waters last week and tuna fishing world wide will be scaled back early next year, some are saying by up to 50%.
There is around 5% of this type of tuna compared to 50 years ago with stocks dwindling daily, falling supply rising prices.
The price in Japan had doubled in the last 6 months and will keep rising where they pay over 100 grand for a quality fish.
The board is by far the best board in australia considering the co's market cap and the owners have been dealing with tuna for over 50 years.
The top 20 hold over 80% of the stock with the ex ceo holding close to 50%.
