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$5.22 tassal group limited

Ann: Tassal enters into Scheme Implementation Deed with Cooke, page-21

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42 Posts.

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16/08/22

11:08

Post #: 63137895
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Originally posted by dabozza: ↑

There's a lot of shareholders on the registry that need to get over the line at this price. So no guarantee they get the votes. There are large investors out there saying $5.50. But I presume David Williams and Cooke have worked the phones to know that $5.23 gets the deal done. As you say, maybe other bidders out there, but like you, I wouldn't be holding out.

I'll be expecting a bit of venting towards the Board and Management at the AGM. Honestly, they really didn't do much to advocate for shareholders through this situation. Their strategy was flawed (and I wrote to them about that). They kept saying they would be delaying any tactics until after the AGM, and then announce this the day of the AGM. Disappointed.

And aAs a lot of folks out there are saying, the problem for investors is that you simply can't find other quality aquaculture assets that are listed. This is a problem of the ASX and public markets. I'm not going to roll my money over into CleanSeas for a lack of better options, you know. Perhaps this is just a PE game.

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TGR Price at posting: $5.15 Sentiment: None Disclosure: Held
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