Rising ocean temperatures = Pre cooked Salmon = less energy to finish cooking
Dead Salmon = easier to catch = less energy again
Toxic algae blooms = Extra zing for overseas markets = big $$$$$ lol
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.
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.
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