Ann: Annual Report to shareholders, page-7

My take on the share price drop is that:

(a) securities market is relatively weak overall
(b) USA market dislikes any prospect of Biden being elected
(c) foodservice in Victoria remains a channel closed to Tassal, even though retail sales have allegedly risen
(d) while exports are a minor feature of this company, air freight costs continue to be far higher than a year ago
(e) does it face increased costs in servicing the Oz domestic market from locked-off Tasmania?
(f) market may be worried that State Premiers who 'open up' a bit may re-impose/impose lockdowns/border closures if they are secretly endeavouring to implement an 'elimination strategy' for the virus despite National Cabinet deciding that it should be the more benign, economically and socially, 'suppression strategy'
(g) market believes 10-15 per cent of adult population unemployed or underemployed means lower retail sales in supermarkets along with reduction this week in JobKeeper allowance to $1200/fortnight, while concurrently market is skeptical about consumers transferring in-home dining from cheaper chicken to more expensive salmon

Against that, directors have increased their holdings on-market IIRC. Would they do this if they lacked confidence?

But I continue to hold this company.