NZS 0.00% 0.2¢ new zealand coastal seafoods limited

WHY IS NZCS HANDING OUT 40.5 MILLION 'NON PERFORMANCE' RIGHTS?, page-11

  1. 7,317 Posts.
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    ''You think they get the oil extraction machinery for free?''
    No i dont think they get it for free......I think they get it from sh's at pumped up prices and then trap them in..
    G/teed contracts and a good rise in SP.....$4m CR on the strength of it(amongst other things) and then money banked and contracts not fulfilled......
    70% down from pumping and it will be imho rinse and repeated with the promise of contracts being signed and fulfilled again and again....
    Leopards don't change their spots.....
    Anyway, as ive said, they will be pumping a few times so there is money to be made(like in all stocks at some point)but a sit and hold for long term SP appreciation......????????????????????
 
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