That depends on whether they own 100% of this fish venture. I believe it will be substantially less, indeed well below 50%.
Hell Jo u can't go wrong. I was told earlier that their (SIAF's) total cost to raise the fish is around $3.50/kilogram ($3,500/ton). On $12.5MM in revenue that would equate to Gross Profit of $10,750,000.
Divide this by 53MM shares and your already at 20 cents EPS; and that's w/just one fishery alone.
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.