What s your thoughts on new Fish oil refinery based in nelson nz...

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    What s your thoughts on new Fish oil refinery based in nelson nz ....currently producing omega 2 ...Mostly used
    in bio chemistry x blood brain barrier....I mean they have a swag of shares on market but the price today of .008 NZD
    looks like plenty of upside ,about 40 days before grand opening of new facility...They also have struck a deal with getting the remains bones etc from king salmon farm and plan to resell some specialist food back to the farm as well as move into the omega 3 market.Has a bio chemistry from aus owns 23% and a local large manufacturer owns I think 43%
    .The rest is ordinary shares with 3 directors throwing 300k in ...doing a CR this month...after the raising I would expect these to run ...They have 10 mill turnover for 2016 predicted with a possible 5 mill profit expected....
    CR is at .008 Price today is .008 ords maybe .009 anyway worth a punt looking to bulk sell into capsule market long term
    Goodluck SEA Dragon NZX lowest price around .008 has been reached I think 5 cents is historical highs, past history.
    I picked up half a million to dip my toe in the water. no liability DYOR...20 % down on exchange rate USD 6 year low
    could pick up something in currency exchange maybe from USA...When the tide turns.
 
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