AAQ 0.00% 0.6¢ aaq holdings limited

Hi all,Well I wouldn't invest a cent.Fish farming is a difficult...

  1. 1,415 Posts.
    lightbulb Created with Sketch. 1

    Hi all,

    Well I wouldn't invest a cent.
    Fish farming is a difficult business best done where there are no environmental concerns.
    Mittal may have been a founding director of Tassal but he was no longer there in 1998.
    Tassal went on to collapse in 2001......for want of economies of scale.
    It re emerged as Tassal Seafoods ?
    Tassal, ie aquaculture was my worst ever investment.
    Go and have a look at the shareprice of MPA.(or read the thread for 3 years back)
    The directors will take fat salaries..........they will do OK.
    For those that want to know the economics of it all The Economist had an article 9/8/03 page 9 and p 19.(Fish on the cover)
    Read it before you invest
 
watchlist Created with Sketch. Add AAQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.