Monday, 12 November 2012

An Analyst’s Perspectives On Neptune & Acasti – Post Tragedy



Neptune Technologies & Bioressources
TSX: NTB - NASDAQ: NEPT
Basic Shares: 48.2 million
Fully diluted: 53.9 million
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Catalyst Equity Research analyst Robin Cornwell has provided his thoughts on the potential impact to Neptune’s operations and revenues following last week’s horrific plant explosion that claimed the lives of three employees.

The report came on the heels of news releases that were issued by Neptune and Acasti. Neptune stock will be halted until such time as many more facts are known about future operations and Acasti stock resumed trading at 2:30 (Eastern). Acasti closed higher at $2.15.

To view Mr. Cornwell’s report, click here.

To read the Neptune news release, click here.

To read the Acasti news release, click here.

All members of The Howard Group extend their most sincere condolences to all management and staff at Neptune. It is extremely difficult for us to comprehend the trauma and impact felt by every member of the Neptune family.