Source: Trading Markets
South Australian company, Clean Seas Tuna, faces an uncertain future. Its annual report for 2009-10 raised doubt about its ability to continue as a going concern. It has experienced several problems in its attempt to commercialize its technology for breeding southern bluefin tuna in captivity. It made a loss of $A15.7 million for the year to 30 June 2010 and spent $A20 million. Clean Seas said that it would improve operating cash flow in 2010-11.