OB:NOHALFood
Nordic Halibut (OB:NOHAL) Stock Still Hinges On Cash Runway And Losses
Nordic Halibut stock closed at NOK29.0 after a strong run over the past month, yet the fresh Q2 report is all about one thing for long term investors. The company is still posting losses, with basic earnings per share at a loss of NOK0.31 in the quarter, but the worst of the profit squeeze appears to have eased compared with Q1. The headline is simple: this is a high multiple growth story in farmed halibut with a tight cash runway, and investors now need to decide how long they are willing to...