Scary! Starting to look more like Frankenstein with each passing year?
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SeaDragon auditor PwC struggles to find evidence supporting asset valuations; withholds opinion
http://www.scoop.co.nz/stories/BU180...n-evidence.htm
Nothing new here but
https://www.nutraingredients-asia.co...IeLG53X9Z2&p2=
'Current sales were not sufficient to cover its costs'
if interested ..... http://nzx-prod-s7fsd7f98s.s3-websit...089/283051.pdf
The highlight (though hardly a revelation) being:-
Having given due consideration to all of the relevant factors, it is our opinion that theconsideration and the terms and conditions of the Proposed Transactions are Not Fair to theNon-Associated Shareholders. However, we are of the view that, taking into account thewider benefits and risks relating the Proposed Transactions, the positive aspects of theProposed Transactions outweigh the negative aspects.
The only upside being that the small shareholders who feel like they are being shafted really aren't ............. its more money being thrown at a corpse.
Its death dated.
...BUT..SeaDragon Limited (NZX:SEA) is New Zealand's largest refiner and blender of
high-quality, internationally certified concentrated fish oils and fractions,
including Omega-3 oils. Our oils are sourced from fish caught in the clean
and pure waters around New Zealand, in the Southern Ocean, and elsewhere. We
have more than 20 years' experience processing fish oils and we are
recognised for the quality and purity of our products. We supply health
supplement manufacturers around the world to meet the burgeoning demand for
pure, high-quality fish oils, which are scientifically proven to deliver
significant human health benefits such as lowering the risk of heart disease,
improving brain function and joint health. The majority of our supply is
exported ...... never lost for words..
The big sell......http://nzx-prod-s7fsd7f98s.s3-websit...901/284111.pdf