Wrt Tassal and their salmon farming operations, be aware that TGR acquired tiger prawn operations in Qld earlier this year:
"Our $31.9 million acquisition of the Fortune Group, includes three prawn farms, supported by a circa $34 million development program, operational improvements are expected to increase supply growth from 450 tonnes pa to ~3000 tonnes pa within 3 5 years."
TGR has a very high regard for prawn aquaculture, and probably has been in discussion with SFG, but I'd imagine that TGR isn't big enough to develop PSD - thus my expectations are that a bigger group will take up equity in SFG and possibly direct equity in PSD (this is aside from Nissui arrangements).
Of course such a big deal will reduce value per share to existing holders, thus why SFG probably will never get to $20/share - but as AngrPrawn has previously indicated, it could get to $3-4/share!!!
Wrt Tassal and their salmon farming operations, be aware that...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.09M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $4.02K | 2.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 123677116 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 1534779 | 9 |
View Market Depth
| Last trade - 10.11am 02/12/2024 (20 minute delay) ? |
| SFG (ASX) Chart |
