Losses put Clean Seas in dire straits
Clean Seas Tuna is at the mercy of its banks or willingness of investors to continue funding its attempts to commercialise southern bluefin tuna from its hatcheries after posting an interim loss of $9.3 million.
Clean Seas Tuna is at the mercy of its banks or the willingness of investors to pump more funds into its pioneering plans to commercialise the farming of southern bluefin tuna, after posting an interim loss of $9.3 million.
Clean Seas managing director Clifford Ashby said the group would look to raise money from investors in the June quarter to provide crucial funding, as it continues its attempt to become the first company in the world to spawn and grow commercial quantities of southern bluefin tuna.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Retail
Fetching latest articles