OGA 1.12% 9.0¢ ocean grown abalone limited

News: OGA Ocean Grown Abalone Posts Q4 Sales Of 35.8 Tonnes, page-3

  1. 18 Posts.
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    My Guess is at the moment they are spending all to reach their target of 10,000 Abitats, Once this is achieved profits will come. It's a long process to build 10,000 of anything and then put them on a boat and set up.
    These guys have had their finger out, it is amazing what they are doing.
    If it was a mining company that come out and said all approvals going well, production is up 221%, no problem getting rid of the product, in high demand, it would skyrocket. you would not even see a bend in the hockey stick.
    Alas the share price managed a fleeting bubble and then fell back, 63,000 traded shares what a joke, a couple of mentions on HC and all is forgotten.
    On a good note sell side is thin, I guess some can see the potential here.
    Hope all the naysayers miss the jump when it comes.
 
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