https://www.anzsecurities.co.nz/Dire...spx?id=3623769
Good news, but slotted in there the note re issue of more shares....In line with the 2012 agreement for SeaDragon to acquire the marine oils
business, the company will issue 12.95 million shares to the vendors MerSea
Holdings Ltd and Bioscience Managers on 31 July 2014. The issue is the final
consideration due under the sales and purchase agreement and reflects the
marine oils business achieving a net profit before tax, depreciation,
amortisation of $1.2 million in the two years to
31 March 2014.
A mere drop in the ocean when you already have 1,863,954,194 shares out there!