CAQ 0.00% 0.9¢ caq holdings limited

With Western Kingfish going into administration, is not only a...

  1. 533 Posts.
    With Western Kingfish going into administration, is not only a tragedy for the company, WKL. but also the state, there are many who underestimate the complexities of aquaculture.

    Farming fish in open water comes with many problems high densities of fish held in aquaculture facilities can have increased levels of disease and parasites, they can also be transferred to wild fish residin in the vicinity of the farms.

    To compare land based aquaculture with open sea aquaculture, the open sea comes with many more risks, I would not be very happy to know that your investment is gone after one year.

    Cell has spent many years in getting their technology right, and can now raise fish on a commercial scale with minimal risk, the company is planning large scale expansions in Malaysia and I have every confidence will be the biggest land based aquaculture producer in South East Asia.
 
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