Sea Harvest: Lethargic, but a good haul is possible soon
30 September 2021 - 08:00
Sea Harvest is an enigma. A glance at the share price chart highlights the range-bound trading of the stock, which has hovered between R13.00 and R14.00 since its listing.
Part of this listlessness is illiquidity, as stalwart empowerment firm Brimstone owns 54% of Sea Harvest. This anchors the fishing stock’s empowerment credentials, which are critical to gain and secure fishing rights, but has led to tight trading volumes since listing...
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