Why Sea Forest (ASX:SEA) reported positive operating cash flow and SeaFeed receipts as it signed a distribution deal with Teys Australia
Highlights Sea Forest grows Asparagopsis seaweed and sells it as SeaFeed, a livestock supplement. The June quarter's operating inflow had included an one-off research and development tax incentive refund, so the two quarters are not like for like. The Teys agreement is central to the company's expansion plan. Sea Forest (ASX:SEA) reported positive operating cash flow and SeaFeed receipts as it signed a distribution deal with Teys Australia. Consumer spending continues shaping the sector House...



