Why would you short Tassals *now*?, page-285

I got more on the open, 15% of my portfolio now, 3rd purchase, i started pretty slowly as i was nervous about shorters, but i think they have over-egged it. I was going to wait till the results, but i think its more likely to go up than down, even on a moderately bad result.

The only risk i see is if there is a 5-10% write down in 'Biological assets', as i expect SP will be propped up by NTA. If write-down was less than 5% its not a concern, and if its more than 10% we should have heard something from management before today.