The water in the sounds far too still both from wind and currents.
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This might see a change in fortune for the company
link
It was marginal tidal flow and temperature when they put the farms in and they have been poisoning the sounds ever since.
its a good story in theory but the reality is a lot different. https://www.youtube.com/watch?v=Zu-hl5lFoFc
Any idea why NZK is getting hammered right now.? I know their FY20 guidance released recently wasn't great but this latest share price drop seems excessive...maybe I'm wrong?
well, i bought some at 1.81... looks low enough.. they manage the company well.. just need to get National in power (which is a bit harder than managing warming sea temperature.. lol)