CSS 2.63% 18.5¢ clean seas seafood limited

Why? The Cap Raise was announced near the approx. 2 year peak in...

  1. 173 Posts.
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    Why? The Cap Raise was announced near the approx. 2 year peak in share price - it was well timed from Management. Seems unlikely that SP'll only keep going up, even though the fundamentals for CSS have changed dramatically (for the good) over the last year. I have been surprised the SP has stayed over the 6c mark, since the Cap Raise.

    I will be looking to add opportunistically, with SP drops. Could've got this for just over 3c/share, 6 months back. I'd be surprised if it got back to that level though - but never say never.

    If Management execute well, CSS will be a multi-bagger. May well take 3-5 years to play out though? Just be patient.
 
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