Followed CAQ for a while now without buying.
They seem to have a history of jumping from grand scheme to grand scheme without ever getting any of them up. Currently they look like they are finally at least going to get into substantial production.
BUT the thing that worries me is the uncritical acceptance of the analyst reports that do projections based on a sale price of $30 a kilo for barramundi.
I can buy filletted barra on special routinely at Coles or Woolies for under $20 a kilo filletted. Ikea were doing a barra and chips for $2 every day a while ago!
The technology is fairly expensive- my biggest concern is perhaps NOT whether the 'hatch to dispatch' model works as much as whether it can turn a buck.....
Followed CAQ for a while now without buying.They seem to have a...
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