Shark harvest key to Sea Dragon's future, says Edison

Thu, 07 Aug 2014

By Pattrick Smellie Aug. 7 (BusinessDesk) - The success of a newly signed contract with a Portuguese fishing vessel to catch sharks in the south-west Pacific Ocean is the most important risk to the plans by Nelson-based fish oils processor Sea Dragon, says Edison International research. Compiled at the company's request, Edison puts a fair value of 2.7 cents per share on the company, compared with 1.8 cents in trading on the NZX today, an increase of 5.9 percent since the release of the research note from Edison, which undertakes independ...

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