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$5.22 tassal group limited

Ann: Receipt of Non Binding Indicative Proposal, page-9

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lewman101010

58 Posts.

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28/06/22

09:12

Post #: 62240715
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Originally posted by dabozza: ↑

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.

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given twiggy’s go with Huon might see a bid from him, based on what I’ve seen in the media he has similar feelings around Australian assets

TGR Price at posting: $3.97 Sentiment: Hold Disclosure: Held
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