Why would you short Tassals *now*?, page-822

Bridget Carter in 'The Oz' has this to say on Tuesday 10 Aug 2021 (online - just an excerpt):

"Andrew Forrest’s Tattarang is being tipped as likely to emerge as the holder of a stake of up to 19.9 per cent in the Tasmanian salmon producer Huon in the coming days, in a move that could derail an agreed deal by JBS to buy the business for $425 million, excluding debt.

It is understood that a buyer was in the market on Monday night to acquire around 10 per cent of the stock, with sources suggesting that Mr Forrest’s private investment group Tattarang was the buyer.

Tattarang recently purchased a stake of about 7 per cent.

Interestingly, sources say the buyer of the 10 per cent stake this week was amassing shares at a price of up to $3.92, which suggests that it is unlikely to support the $3.85 per share offer agreed upon with the company late last week by JBS.

Shares on Friday had closed at $2.70 before Huon’s agreed deal with JBS had been announced.

An interest of 19.9 per cent held by Tattarang would be enough to block the JBS scheme of arrangement in a shareholder vote..."