OGA 1.12% 9.0¢ ocean grown abalone limited

IPO - Ocean Grown Abalone Limited, page-119

  1. 29 Posts.
    lightbulb Created with Sketch. 1
    15.2 t of abalone harvested mentioned
    in their update 8th of November
    , in their prospectus  they mention 155 aud per kg was their sale price
    15200 * 155 = 2.336m based on all of harvest being sold for export. a 50 50 split is still 1m of revenue from export + 7600 * 40 = 304k that's still 1.4m of revenue just over 1/10 of raised capital

    am I wrong?
    anything 20c range or under is a winner imo

    wait until the quarter report but I think a lot of people are in for a shock
    Last edited by biginvestor101: 20/12/17
 
watchlist Created with Sketch. Add OGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.