SFG 0.00% 0.2¢ seafarms group limited

Ann: SFG EGM Notice of Meeting, page-29

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  1. 52 Posts.
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    All of the above is interesting conjecture, but I loaded up on SFG this week and here's why:
    1. My initial strategy was to secure a small parcel 200K shares, and wait for the next low ball capital raise which would inevitably come. But I now think there will not be a capital raise under the current share price for the foreseeable future, because of Nissui buying in at 10 cents, they will not allow a significant capital raise under that level
    2. Nissui must know something the market does not, info obtained during their extensive due diligence, to have encouraged them to buy in at nearly double the prevailing share price
    3. Work on roads and bridges to Legune has already started, and the NT govt cannot afford to be builing roads to no-where, or even large cattle stations. The prawn farm will be built, and already has value exceeding current share price, even if SFG have to sell more of it than there intention currently in order to fund it.
 
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0.2¢
Change
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Mkt cap ! $12.09M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
47 121484023 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 2921393 10
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