SeaDragon

[ari]

They have said no consolidation whilst the options remain in play

Forgot about ourstanding options...is that not until Sept 2018?

[Scooter]

Forgot about ourstanding options...is that not until Sept 2018?

29 September 2018

[Apathy]

This is a very interesting development. Stewart and Comvita can obviously see an opportunity there. Maybe time to jump in again !

I don't think Comvita are putting in any more cash - despite the very favourable terms on this offer.

It is hard to comprehend the level of 'misinformation' that must have been provided for this latest con...

Anyone every wondered why no one in the seafood industry will have a bar of it?

[percy]

I don't think Comvita are putting in any more cash - despite the very favourable terms on this offer.

It is hard to comprehend the level of 'misinformation' that must have been provided for this latest con...

Anyone every wondered why no one in the seafood industry will have a bar of it?

I think it is more to do with marketing the finished product.
Fits in with Comvita's "health food" range .
What I find interesting is Mark Stewart's interest.He was offcourse a large shareholder in Ebos a few years ago. and I believe recently he was/is invested in a dog food manufacturer.Maybe he still is ,and sees fish oil as an additive in up market dog food.?

[Hectorplains]

I think it is more to do with marketing the finished product.
Fits in with Comvita's "health food" range .
What I find interesting is Mark Stewart's interest.He was offcourse a large shareholder in Ebos a few years ago. and I believe recently he was/is invested in a dog food manufacturer.Maybe he still is ,and sees fish oil as an additive in up market dog food.?

Funny, I'd previously associated Seadragon with dog food too, as in it being a dog's breakfast.

[Apathy]

I think it is more to do with marketing the finished product.
Fits in with Comvita's "health food" range .
What I find interesting is Mark Stewart's interest.He was offcourse a large shareholder in Ebos a few years ago. and I believe recently he was/is invested in a dog food manufacturer.Maybe he still is ,and sees fish oil as an additive in up market dog food.?

True - Ziwipeak is the pet food business and could well be some synergy there, more than CVT anyway. Just don't buy into the need to buy the company to buy the product scenarios. There hasn't been any mention of why they invested so who knows.

Hats of to SEA though - another successful fundraising well beyond anything I could have imagined. Am sure there is a glitter shortage somewhere in the world as they have used a heap on this turd..

[percy]

True - Ziwipeak is the pet food business and could well be some synergy there, more than CVT anyway. Just don't buy into the need to buy the company to buy the product scenarios. There hasn't been any mention of why they invested so who knows.

Hats of to SEA though - another successful fundraising well beyond anything I could have imagined. Am sure there is a glitter shortage somewhere in the world as they have used a heap on this turd..

Just remember Mark Stewart has a very long history of turning turds into gold.!!
Google Mark Stewart Masthead,then click onto "Dog Tucker raw material for export gold."

[ari]

SeaDragon raises a total of $10.9 million under its 1 for 2 Rights Offer and
Shortfall Bookbuild ...woopeeee!

They have some work to do for the renounceable rights offer 29/9/18 to be a success - .015 seems a long way off

[ari]

Just remember Mark Stewart has a very long history of turning turds into gold.!!
Google Mark Stewart Masthead,then click onto "Dog Tucker raw material for export gold."

Interesting, certainly money in dog tucker....just look at Tony Quinn empire!

[percy]

Interesting, certainly money in dog tucker....just look at Tony Quinn empire!

Yes the Tony Quinn success was fantastic.Must get hold of his book.
The Mark Stewart "ZiwiPeak" business certainly appears to have found the right formula for success.
So the rational for both Stewart and Comvita buying into SEA appears to be soundly based.
I do not hold SEA,but have followed the company, as I have a significant holding in PAZ, on www.unlisted.co.nz market, and they now have a solvent extraction plant, that can not only be used to produce fish oil,but can also extract from any fruit [ such as blackcurrents ] and any vegetable [such as carrots].