A headline in today's AFR states "NZ King Salmon headed for dual listing".
Any further info on this?
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A headline in today's AFR states "NZ King Salmon headed for dual listing".
Any further info on this?
Thanks, Balance. Will await developments.
:)
http://www.nzherald.co.nz/business/n...ectid=11670338
$95.1M ($1.5) in 2014
Not for me. Rising ocean temperatures and toxic algae blooms = dead salmon. Better off with Tegal imo.
http://www.stuff.co.nz/marlborough-e...as-kill-salmon
https://www.theguardian.com/environm...llions-of-fish
Early days for the IPO, surely will be sharply priced with existing shareholders looking to reduce.
Looking at the risks, are the environmental risks being overplayed?? Not just the activism and damage to environment etc. but does the rising water temp and licensing really impact the going concern of the business? Unsure how to price this in at this stage.
Isnt this a rehash of a former IPO from 15 years back?
Way back when I last loooked at salmon I understood international market prices were held back by the determination of the Norwegian Government spending their vast oil revenues to make certain their salmon farmers were never beaten on price.
Is this still the case?
Boop boop de do
Marilyn