Notwithstanding your hopeful technical assessment the recent announcement by TGR needs to be taken into account as to hold/buy decisions.
“Tassal will retire in-shore leases and transition to oceanic farming environments where it makes social, environmental and operational sense to do so.”
This leaves me with the sense of a higher risk profile for the group in that “transitional costs” mean higher overall costs and a re-establishment of oceanic and closure of estuarine farms adds additional risk and does not necessary solve all environmental criticism. Methinks time to watch and wait.
TGR Price at posting:
$3.73 Sentiment: Sell Disclosure: Not Held