Tassal Group Strategic Thoughts, page-769

well, I would wonder why a non holder would be do interested as to advise selling it and suggesting thst there is a possible 30c in waiting. The real issue is that Cooke wants this do badly they are buying on market. Their offer is $4.85 and yet itbis trading at $4.91. The truly best thing that could happen for shareholders is thst the offer goes away and it drops to $3.85. I will , like a lot of others, will be buying a lot more. The failing of management was that they have not explained the opportunity well. It is clear that they are doing a good job. The prawns add a lot of value. Cooke are so convinced they even hired the md of Huon - supposedly he is going to Canada. All of this for a player in Australia which is much smaller than their operations.
This stock I suggest is still to mature, pay down debt, optimise the prawn business asd the seaweed eyc . I woulf merely suggest that having bought it probably whilst it risked a lot in prawns we took the real risk - now it is through that and griwing value Cooke makes a very clevervoffer. Hires the ex chsir and his business etc to make the raid - even goes to the lengths of getting FIRB approval etc.
I font rven want $5.85 I just want the chance to see of this is as good as Cooke thinks it is. Cooke isn't anywhere near 19.9% and certainly wont get to 50%. Let it play out... thst is what I am doing and thinking.