My thoughts as to why the company is so shorted is the belief that the shorts feel that some creative accounting has occurred to mask the prawn sales recently. The shorts feel that TGR was unable to sell it's prawns and it's been hidden in the accounts. Further analysis shows that the cashflows are missing from these prawn sales. I am in the process of forensically establishing what has occurred with the accounts.
TGR Price at posting:
$3.55 Sentiment: Hold Disclosure: Held