re: Ann: CO2 Group Signs CSIRO Relationship A...
I see this as another small but important step for CO2's new strategy. This will add some validity to the way forward and indeed show potential investors that CO2 means business. Someone has a good game plan here and whether this company can actually become a globally significant supplier in the seafood/prawn sector remains to be seen. Much like a long game of chess I see the right moves being made incrementally. Investors will like the fact the right boxes are being ticked, its not a rush job. Commensurately, the fact management has highlighted the importance of the ongoing business shows a solid appreciation of risk and a fallback plan. That said, I cant see the SP rising above 10c until an investor comes on board and the details of a deal are revealed.
COZ Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
