SFG 0.00% 0.2¢ seafarms group limited

Great first post Darnsmall, even though I agree with Bonnie that...

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    Great first post Darnsmall, even though I agree with Bonnie that it simply can't happen unless management want it to happen. But I guess your real thought process is exactly similar to mine - if there are so many impediments to significant NAIF funding or other routes towards development then why is SFG continuing each day to remain at such a lofty price on considerably improved volume?


    Seems to me someone is building a BIG position in the company- and until it needs to be declared (ie as a substantial shareholder) its probably going to continue - thus selling out at this point could be a very silly decision- particularly given AngryPrawns (clearly 1 of the more savvy posters here) own valuation between $1 - $2 per share (despite him strangely turning negative more recently!).

    I've actually been slowly accumulating recently because of this continuing strength - and it seems the options are also a very attractive alternative, given the minimal time premium priced in to a security that has more than 2 years to run!
    Last edited by longreach: 03/09/18
 
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