jct, yes it looks that way. I hold a fair whack of these shares and hold for the long term. They have come a long way from the ipo last august at 25cents. Without news and announcements traders will tend to get bored and sell off giving bargain hunters a chance to top up. My opinion is that the next announcement will be about the construction of more tanks at the Turners Falls grow out facility. This quarter should see Australis cash flow positive and every quarter from here on will see more and more money rolling in. The Australis board has decided upon a policy of rapid expansion to meet the demand for the fish. I would expect dividends in 2-3years time judging by the forecasts.
Happy fishing
Wheeler
AAQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
