Seeka

[Joshuatree]

Found it on NZAX 55c NTA $1.81. Last div mar 2010 2cents. 247 growers with 1123 canopy Ha, 113 Avo only growers. Reduced debt to $7.7mill (2010). Im no forensics accounts analyst but a value trap for the contrarian m,aybe.If they can manage PSA could be great divvy stream from SEK or this co.Too risky for me right now.

[Random_Walker]

Found it on NZAX 55c NTA $1.81. Last div mar 2010 2cents. 247 growers with 1123 canopy Ha, 113 Avo only growers. Reduced debt to $7.7mill (2010). Im no forensics accounts analyst but a value trap for the contrarian m,aybe.If they can manage PSA could be great divvy stream from SEK or this co.Too risky for me right now.

If I remember correctly there have been two takeover bids for SAT in the past few years. Both made by Eastpack.

Believe latest bid was at ~$1.25 / share and was about to close but then PSA struck and Eastpack withdrew till they worked out the consequences.

Prior bid was by Eastpack in 2006 or 2007 and I believe in the $1.40 - $1.50 range / share and Satara rejected it I think - dumbarse board back then? Board looks like its been almost fully changed since as a result of insto shareholder agitation.