NZK - NZ King Salmon

[Balance]

Another day, another takeover speculation squashed.

http://nzx-prod-s7fsd7f98s.s3-websit...541/373738.pdf

New Zealand King Salmon Investments Limited (NZX and ASX: NZK) is aware of speculation published recently in the media.

NZKS confirms that it has not been approached, and is not in discussions with any parties, regarding a potential takeover transaction.

New Zealand King Salmon remains in compliance with its NZX continuous disclosure obligations and will continue to inform the market in accordance with them.

[winner69]

Speculation about a takeover denied by NZK

Maybe speculation fueled by Cooke making an offer for Tassel

Who knows ,,,, but jeez acquiring NZK really on anybody's radar when they could be broke in years time

[Entrep]

No price action based on the so-called rumours.

[CD_CHCH]

Speculation about a takeover denied by NZK

Maybe speculation fueled by Cooke making an offer for Tassel

Who knows ,,,, but jeez acquiring NZK really on anybody's radar when they could be broke in years time

Shhhh Don't speak too loudly - the board of Sky TV might hear you and decide to bid for NZK next

[bull....]

more koha needed

musta paid the koha by the way the shares are going

[silverblizzard888]

Looks like the share price is getting a boost from this:

"Tasmania-Nelson direct shipping route boost for aquaculture"
https://www.stuff.co.nz/business/far...or-aquaculture

[Entrep]

Blue Endeavour result leaking out?

[silverblizzard888]

Blue Endeavour result leaking out?

CEO in the above mentioned article does say “Offshore farming offers a route to increase production with two applications currently being assessed,” Rosewarne said. “Our Blue Endeavour plan, when approved, will deliver an additional 10,000 tonnes a year of King salmon. "

Given how careful CEOs are with wording, that when approved, rather than if is a big give away!

[BlackPeter]

Blue Endeavour result leaking out?

Not quite sure whether approval of Blue Endeavor would be good or bad for them. Only would mean that they need to raise more money to build an untested open sea farm ... which - after a long time - may or may not return the capital invested.

Current market cap is $135m. Any idea what it would cost to get Blue Endeavour up and running, allowing for a number of learning cycles? I suppose the dilution at current SP would be substantial.

[silverblizzard888]

Not quite sure whether approval of Blue Endeavor would be good or bad for them. Only would mean that they need to raise more money to build an untested open sea farm ... which - after a long time - may or may not return the capital invested.

Current market cap is $135m. Any idea what it would cost to get Blue Endeavour up and running, allowing for a number of learning cycles? I suppose the dilution at current SP would be substantial.

No idea on cost and if it will work well, but CEO in June said this:

Chief executive Grant Rosewarne said the first possible harvest for Blue Endeavour would be in 2027 but "NZ King Salmon acknowledges that we first need to prove the positive outcomes of our new agriculture model".


"Assuming approval to proceed, before expanding into Blue Endeavour, all options for funding remain on the table," he said.

https://www.newstalkzb.co.nz/news/bu...takeover-talk/