The only thing Tassal requires is some momentum - maybe all those hotcopper news articles linking Gamestop to Tassals might get some folks looking in to it. I still think a short squeeze is unlikely, but shorts unwinding and essentially buying all stock for 20-30 days / 12% of the float back would drive this thing probably to $4. To put it in perspective, at $4 the dividend yield would be around 4.5% which is the same as Rural Funds or Inghams.
This technical analysis was posted yesterday on Twitter with the heading "Break Out". While I am not a technical analyst, I thought it was interesting that TGR may get picked up by day traders / quants who don't even care about fundamentals.. :
Why would you short Tassals *now*?, page-209
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