TGR 0.00% $5.22 tassal group limited

Why would you short Tassals *now*?, page-800

  1. 6,633 Posts.
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    I also note Morningstar Quantitative (calculated) 'fair value' for Huon is $3.91, so this takeover offer is in line with their long term valuation, it could be argued there isnt really a premium being paid, it just looks good because of Huons current operational difficulties.

    Morningstar have Tassal at $3.88, so there is a theoretical justification for price parity, but the market wont drive us there based on their takeover, still could start the ball rolling.
    Last edited by bug1: 09/08/21
 
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