Maybe it was too shaken by the retirement of its director or it was really focused on its acquisition of Nine Ocean Group. Either way, for some reason, the secondary producer of nutraceuticals, seafood products and premium marine ingredients New Zealand Coastal Seafoods (ASX: NZS) hid its sales number during the Annual General Meeting, potentially
Read More
Business and a sustainable environment. Is it possible that the two will get along? A month ago on 11 November, New Zealand King Salmon (NZKS) (ASX: NZK) secured approval to commence New Zealand’s first open ocean farming, the Blue Endeavour project. This was an occasion worth celebrating after six years of hard work in research
Read More
Canadian seafood company Cooke is set to acquire Australian fish farming giant Tassal Group Limited (ASX: TGR) for $1.1 billion. The Company has entered into a Scheme Implementation Deed (SID) with Cooke Inc. under which Cooke has agreed to acquire 100% of the ordinary shares in Tassal. Should the bid be successful in securing regulatory
Read More
First detected by authorities in August 2021, fears of the QX parasite infecting East 33’s (ASX: E33) oyster have come to fruition with the aquaculture company confirming that re-emergence of the parasite is likely to see 11-17 million saleable oysters lost. QX, the designation for Queensland Unknown, is a disease that impacts Sydney Rock Oysters
Read More
“What’s your best price on this?” “Mate, it’s the price it’s listed at. If I wanted less, I would have listed it less.” It’s a conversion we’ve all had on Facebook marketplace as unscrupulous bargain hunters think their cash is more valuable than others, while unashamedly asking for further discounts. Oddly enough, such conversations perforate
Read More
Unprecedented global demand for Kingfish has resulted in aquaculture company Clean Seas Seafood (ASX: CSS) needing to clear out two years worth of inventory resulting in its seafood sales to soar to all time highs. For the Half Year ended 31 December 2021, Clean Seas set a new sales record to generate $31.25 million in
Read More