The problem for finfish is for one kg, the gross profit is only 3.8*0.22, which id $.836. so even if they reach the tonnage goal, the eps for triway won't be good. in their presentation, they said for prawns, they expect $3 plus profit per kilo. so if they grow finfish, they need to grow 3 to 4times more than prawn. i think they are playing numbers with us.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.