OGA 1.12% 9.0¢ ocean grown abalone limited

China goes wild over ocean Abalone, page-2

  1. 3 Posts.
    I think this company is innovative and one of the pioneer in abalone production.

    However, the return is just too long, 200tonne of abalone in 3-4 years, @ around $55/kg.

    Do the math, thats around 200k * 55 = $11million revenue in 3-4 years time.

    And the company only stream of income come from abalone. Not exactly a breakthrough in my opinion
 
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