Tuesday, 28 July 2009

SEALORDS - YIP - DUMB AND DUMBER.



The battery on our blackberry is flat today and it relates to the Sealords story. The general consensus in the New Zealand Seafood Industry is that Sealords have made a dumb decision to sell down the whanaunui pounamu - the aquaculture rights to marine farms in Marlborough to Sanfords. One very well placed industry source put it this way.

The golden rules are: -

1) If Eric Barratt or Peter Talley want something - you shouldn't be selling.

2) If Eric buys it - you sold too cheap.

Spot on.

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