SFG 0.00% 0.2¢ seafarms group limited

mmmmm - the usual baseless rants (negative of course)The price...

  1. 139 Posts.
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    mmmmm - the usual baseless rants (negative of course)

    The price of CO2 shares can of course go up or down in the future based upon its performance.  It is true the liquidity is an issue since they are unlisted but hopefully that will change in time.

    1.  CO2 is a viable business and no doubt there will be interested parties - at what price will be the issue and the current owners will not want it given away
    2. "the sharks" as you call them are actually the major shareholders so it is quite proper that they would get the biggest chunk of the sale proceeds  - duh!
    3. the divestment was not a criminal act and was voted on at an EGM (I was there).  The directors would have preferred not to divest however that was a condition of Nissui agreeing to make a major investment in SFG.

    There can be no activity by SFG to sell CO2 because they do not own it nor do they manage it!

    Nissui are are probably busy doing what they do running a global seafood company.  They do have a director on the SFG board but last time I checked Nissui don't run SFG.

 
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