Thanks for your input. I am invested as you are in TGR. I'm determined to get to the bottom of this. I have watched the short position grow recently this is the second time to my memory the shorts have had a go at this stock. Previously the shorts failed and gave up and the short position substantially reduced. Now it looks like they are having another go. I heard a rumour that Tassal could not sell the prawns harvested for human consumption. I don't know how much of the 2,500 tonnes they said they harvested were not sold, just that they could not sell the prawns. Whether there was a problem with the prawns or the price was to high I don't know. The only information was that they could not sell the prawns and they were sent to Vietnam. I will go over what was said at the investor day where questions were asked about the cashflows.
TGR Price at posting:
$3.71 Sentiment: Hold Disclosure: Held