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Ocean Harvest Technology – following September 2024 “believe that the group has adequate resources… for at least 12 months”, now ‘financial position uncertainty’ shares suspension!

By Steve Moore | Wednesday 21 May 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Earlier this month on Ocean Harvest Technology Group (OHT), I wrote that its announcement then suggested even more that it could soon be administration and shareholder wipeout ahoy from this company which still describes itself as “a leading researcher, developer and supplier of proprietary blended seaweed products as functional additives for the global animal feed industry” and just last month reckoned it was “pleased to announce continued progress… with Q1 revenues expected to be +65% year-on-year and ahead of Q4 2024… looks forward to announce further progress with the full year 2024 results by early June”. Instead, it’s now “Suspension of Shares”!

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