Ann: Receipt of Non Binding Indicative Proposal, page-7

As I've been saying on FinTwit, I think this is a shame for shareholders with a long term view. It's a short term sugar rush, when in reality I want long term compounders.

Also, being a bit parochial, I'm not a huge fan of Australia selling off its productive assets on the cheap. We can't just make more of it.

I think this is not the end, and reckon we could see more bids. As per the Grant Thornton report that Bug1 referenced, that valuation included a 40% discount for Tassal because it was listed without a majority shareholder and didn't value faster growing prawns.