I believe if TGR does buy De Costi seafood it will help give them more pricing power in the supply chain. TGR well managed and De Costi with Sydney fish markets etc presence and also exporting will help move more TGR stock and cut the middle man out allah WOW and Coles....
The share price fell after a great result was a perfect buying opportunity I thought as technically around $3.65 it gets supported.
It will most likely have to do a capital raising hence the sell off but for a good business to purchase.
This in my eyes is a great company with good year on year earning growth, dividend lifts and debt reducing
TGR Price at posting:
$3.74 Sentiment: Buy Disclosure: Held
