Sdajii
Sdaji
- Joined
- 13 October 2009
- Posts
- 2,117
- Reactions
- 2,237
180 fish is barely enough for dinner, let alone something commercially relevant, but to some extent it's about the process rather than the scale at this stage. Still, it is a concern that they only have 180 fish. That means there has been a massive mortality rate so far with just a handful of survivors.
I am inclined to agree with Sdajii that this company has not been telling the whole story. 180 fish survive out of millions egg ? Mathematically speaking this does not add up? I wish I had more information ????
Could it be that many more survived and that they will come through in batches?
They are still in the R&D phase so it makes sense to tranfer little bits at a time. They never actually stated that thats all they got from a million eggs but then one can never be toooooo sure about this bunch.
90 fish at a time is way below our expectations but then again there could be a method to their madness
They say "a similar number" are kept back in tanks; if more survived, where would they be?Could it be that many more survived and that they will come through in batches?
They are still in the R&D phase so it makes sense to tranfer little bits at a time. They never actually stated that thats all they got from a million eggs but then one can never be toooooo sure about this bunch.
90 fish at a time is way below our expectations but then again there could be a method to their madness
There is still a long way to go with SBT commercialisation, realistically, a few more years. Just look at Kinki University's progress and time lines.
The transfer of fingerlings is in early stages, the fish are only a couple of months old and mortality rates in sea pens will also be critical.
The spawning mortality rate is to be expected in the early stages but, none the less, they have progressed beyond last years program. This will be enough to support the company moving forward.
They will need to maintain a strong focus on YTK profitability and sales for the value of the entity to rise throughout the year.
The immediate concern will be the impending capital raising, which will be substantial in my view.
It is important that they focus on long term share holders now and not pander to traders and speculators by allowing investors to buy a small $500 parcel of stock then oversubscribe at the offer price which, last time , was not cut back.
If they don't they will not build a base of larger long term private investors, which they need, and the stock will get flipped on re-opening and with continued excessive volatility.
I am hoping they will conduct a pro-rata, maybe one for one, issue this time as it will support the entity pre and post Cap Raising.
The immediate concern will be the impending capital raising, which will be substantial in my view.
It is important that they focus on long term share holders now and not pander to traders and speculators by allowing investors to buy a small $500 parcel of stock then oversubscribe at the offer price which, last time , was not cut back.
If they don't they will not build a base of larger long term private investors, which they need, and the stock will get flipped on re-opening with continued excessive volatility.
I am hoping they will conduct a pro-rata, maybe one for one, issue this time as it will support the entity pre and post Cap Raising.
Clean Seas Tuna Ltd director Sir Tipene O'Regan, who retired on March 15, 2011, held no shares at the time of his retirement.
NOTHING,ZIP,..........................that is difficult to digest
Are twe getting the whole story?...................this is almost unheard of where a director retires with sweet fa
can anybody comment on this?
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