TGR tassal group limited

Hi.. newbie here Just amazed to see SP drop to 2.15 today after...

  1. 286 Posts.
    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?
 
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