They are doing a roadshow for the SPP which is a bit weird, especially since they have already raised from instos. Cant complain about getting more info though.
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I went to todays Auckland presentation, a very well run presentation fronted by Ross Keely and overseen by Tim Preston ex ASB. From the info provided I would say that SEA is on the right track but real traction will start once the new facilities are up and running, latest results will be provided March which will give direction and from what can be gleened they will be inline with expectations ( good ).
Once the new facilities are up and running and teething issues are sorted we should have a good future and prospective sales will be built on for a product that is widely accepted especially in Japan that has a appetite for daily supplements.
The end game was as explained for a take out from a big overseas pharma company in 6-8 years at 5-6 xs the todays sp and to that end this will not be a yield company. Instos have supported the recent cap raising very well and so far the SPP has gone well, IMHO all looks good for a successful uptake of the SPP.
All questions were answered very well and fully to the satisfaction of those there some 50 + interested parties including a press reporter so there should be something shortly in the press or radio.
Thanks whatsup...can't ask for more than that. Curious to know who the new landlord will be, is it 'in house'?
Thanks - was anythign meantioned about gettins supply of the raw prodcut. There were some on this Forum that questioned whether they could get sufficient for the new plant.
Snrs.
Good. Yes?
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Jan. 14, 2014 — High concentrations of serum long-chain omega-3 fatty acids may help reduce the risk of type 2 diabetes, according to a University of Eastern Finland study published recently in Diabetes Care. The sources of these fatty acids are fish and fish oils."