Market's view on Ocean Harvest T
Published on April 2024
- Concerns about the accuracy of data on shares issued, with discrepancies noted between what is reported and the actual shares in issue.
- Discussion on the potential environmental benefits of the company’s business, despite concerns about the feasibility of making a profit in the foreseeable future due to challenges in managing a global supply chain.
- Questions raised regarding the investment case for a company with a £20M+ market cap and revenues of at most £3M, with no clear path to profitability.
- Mention of a significant shareholder selling a portion of their stake, which could influence the stock’s performance.
- Observations on the company’s market leading position in animal feed additives from seaweed, and the substantial barriers to entry in this multimillion-dollar market.
- The company’s focus on strengthening its global sales team, supply chain, and continued investment in R&D to enhance customer offerings in the growing markets it operates in.
- Discussion on potential for the stock to move up based on market activities and trading volumes on different stock exchanges.