OGA 1.12% 9.0¢ ocean grown abalone limited

Ann: Juvenile Abalone Supply Agreement Allegation, page-5

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  1. 686 Posts.
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    I'll start by saying I do not hold OGA, but it does appeal as a business. So I keep a casual eye on it.

    For me, based solely on the research in this thread (what.png ), the key bit in Rothbard's post is the phrase "acquire, develop or procure juvenile abalone for sea ranching from a party other than 888". So assuming no change in the current arrangement, then would OGA be breaking the rules if they did NOT acquire any juvenile abalone to stock the hatchery prior to contract end? I am assuming not. Similarly, if they DID purchase juvenile abalone for sea ranching from 888, then I again assume they are not breaking the current agreement. I suspect 888 is seeking to get cut into the facility, ideally on favourable terms.
    Last edited by rennis: 23/03/19
 
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