For me, that is a press release on Tassal's latest marketing initiative. I'll let the income statement and cash flow statements guide me.
We must remember these guys do not put stuff in Woolies for $14.95 a kilo with a sticker 'thawed for convenience farmed in Malaysia' (eg.without hormones hopefully)
They sell a premium product made in Australia at the upper end of the market. Many of these consumers 'give a damn' about what their food is and where it came from......or are at least very culturally practiced in acting like they 'give a damn'....eg. Toyota Prius anyone
There was another company, which was recently Tasmania's largest employer......I don't think they cared much for 'those greenies'......does anyone know if that other entity is still solvent....as of today?:) (just having a giggle pple)..not a fan gunns
TGR Price at posting:
$1.36 Sentiment: None Disclosure: Held
