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.
- Forums
- ASX - By Stock
- Why would you short Tassals *now*?
Consider also the Q1 update from the AGM;"Q1 FY21 Sales revenue...
-
- There are more pages in this discussion • 735 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TGR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online