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$3.71 huon aquaculture group limited

https://guide.ethical.org.au/guide/browse/guide/?type=39The...

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Bullrush007

5,528 Posts.

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22/03/21

13:54

Post #: 51946450
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Originally posted by ozner31: ↑

I fear Aldi will nail HUO (keep them alive but the margins will be tight). Aldi has all the cards, HUO are long salmon, short shelf space and weak balance sheet. Basically a price taker.
It didn't need to be that way, management knew they were ramping up production and didn't put much emphasis on branding and how and where to place the salmon. Just relying on the wholesale market wasn't a strategy.

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https://guide.ethical.org.au/guide/browse/guide/?type=39

The ethics community not liking Huon but looks like we are in the same boat as Tassal

Ive got a funny feeling HUO is looking to be acquired as it seems they can’t reel in their expenses

In other news Aldi’s Ocean Royal is all over their stores. No sign of Huon

No canned salmon from Huon either?

Things looking glum from my perspective

Cap raisers can’t be happy at this stage

Last edited by Bullrush007: 22/03/21

HUO Price at posting: $2.49 Sentiment: None Disclosure: Held
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0 Great analysis

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