TGR tassal group limited

Salmon Prices continues to spike

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    lightbulb Created with Sketch. 1025
    https://hotcopper.com.au/data/attachments/2520/2520167-ab1ffe2bce6f8995e26d916753d11ca9.jpg
    https://hotcopper.com.au/data/attachments/2520/2520171-61bcb9d9b4b21115e256539ef7e70381.jpg
    International prices surging on strong demand up 10%. Shorts who based their tactic on a previously dropping international price would be looking to close positions as HOG pricing surges.
    TGR was never dependent on international price, but since it was used as an indicator to short, now shorts would be trying to do sell 2 shares and buy back 3 cheaper strategy to cover.
    Continuing to accumulate at these levels with large super funds and Sumitomo. Heavy conditional orders set up.
    https://hotcopper.com.au/data/attachments/2520/2520197-811e264f86dc8233c042b5ee44fc73c3.jpg
    not advice
 
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