Consider also the Q1 update from the AGM;
"Q1 FY21 Sales revenue was $132.4m up $31.4m (31.1%) relative to Q1 FY20 – with domestic sales $105.3m up $6.3m (6.3%) and export sales $27.1m up $25.2m"
"Domestic Wholesale... Q1 FY21sales $31.0m down $7.1m (18.6%) with Victorian lockdown materially impacting"
"Salmon ... improved survival, biomassand reduced cost of growing $/kg" (Q1, might have changed with report this month of some fish deaths)
"Q1FY21 operating cashflow was$21.8m better than Q1FY20"
Given that shorting increased dramatically after AGM, and this information, it really is a puzzle, they cant be that stupid... i think now they must be thinking more long term, maybe they have concerns about the industry as a whole, or the viability of the expansion into prawns, i dont know. Im happy to be on the other side of them.
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