HUO huon aquaculture group limited
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takeover target

  1. Matrix1
    690 Posts.
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    27/02/21
    00:04
    Post #: 51379830

    Takeover suitors are circling Huon Aquaculture Group as it reels from a big drop in earnings and asset write downs.

    The salmon farmer reported a half-year statutory loss of $95.3 million on Friday, down from a net profit after tax of $22 million at the same time last year.

    Huon said it had appointed advisers as part of a strategic review after unsolicited offers for the Tasmania-based business.


    HUO Price at posting: $2.39 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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