what happened in the last 2 days

Hi.. newbie here

Just amazed to see SP drop to 2.15 today after support at 3.10 last week. I thougfht I got a bargain at 2.64 on Friday only to find TGR hammered on Monday. It did rally back in the arvo thank God.

What gives other than the 5% stake by an Asian fund? No bad news anywhere from management, rumors?
Is Tassal just following the downward trend and sentiment?
Strange for it to drop like 30% in 7 trading days?

I don't understand, sure it's a volatile stock but usually TGR is resilient to financial s and resource trends?

Any clues?