Been a holder of Tassel for a few years now and really like the...

Been a holder of Tassel for a few years now and really like the way the management team keep doing what they say they are going to do.
- The company fundamentals seem very sound.
- They are still generating cash in what is a pretty ordinary market.
- They have a growth pipeline that seems to leverage off existing expertise but promises higher returns on investment.

Given all of this they are trading way below their book value and it seems are still set to go lower being the most shorted stock on the ASX.
I know the market is fickle but what am I not seeing here?

To make the point you compare Tassel to The Costa Group. Tassel makes more cash, makes consistent returns. Similar growth potential yet drastically different valuations when compared to book value and returns to investors.

I have read all of the other threads and appreciate that parts of this have been covered elsewhere but your comments and thoughts would be appreciated.

cheers.