I also note Morningstar Quantitative (calculated) 'fair value' for Huon is $3.91, so this takeover offer is in line with their long term valuation, it could be argued there isnt really a premium being paid, it just looks good because of Huons current operational difficulties.
Morningstar have Tassal at $3.88, so there is a theoretical justification for price parity, but the market wont drive us there based on their takeover, still could start the ball rolling.
- Forums
- ASX - By Stock
- TGR
- Why would you short Tassals *now*?
Why would you short Tassals *now*?, page-800
-
- There are more pages in this discussion • 226 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online