CSS 2.63% 18.5¢ clean seas seafood limited

Ann: Clean Seas H1 FY18 Investor Presentation, page-13

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  1. 954 Posts.
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    https://www.asx.com.au/asxpdf/20161216/pdf/43ds0fmmtz3ccb.pdf

    css_stehr_retire2018.png
    12 months = 28th Nov 2017
    15 months = 28th Feb 2018
    or when an outcome is reached on litigation... may take a while

    @Anatinus -- Not as of yet. They put out that release awhile ago, mentioning his intention to retire. But, he will still have his son on the board to help manipulate information (for their families benefit). I was considering what it meant having Huon entering the YTK market. One thing I've only been coming to grips with more recently, is that: the company is not only Hagens play toy now, but as with all businesses... If they treat it poorly and their is competition may be interested in picking off some of the assets cheaply. No one lasts forever and he (Hagen) will have to get a move on if they have something in mind. I've seen what happens to elderly people year by year (many different illnesses to choose from) and if he wants to help his son gain more control of the business before he is ten foot under (and realize his dream https://www.eurekareport.com.au/investment-news/rich-pickings-fishing-for-a-fortune/98226 ), well there will be a move to be made - over the horizon.

    @risk41 -- They got a court case underway (about the feed) and I would doubt they would even consider changing feed mixtures, while they are in the process. The company needs to just keep improving its position and fighting to win the case also.

    Make of it what you will. I'm in for the long road ahead. Will be a very interesting next couple of years - that's for sure. GLTA
 
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