Capping and accumulation, page-5

ACCC would be all over the deal if TGR and HUO were to merge.

There would only be Petuna left as independent.

But a merger between TGR and HUO might have efficiencies in pricing, production and management of the seas and HUO's business.

However, TGR has better investment opportunities organically just growing production or expanding in to other marine agricultural production such as prawns and etc which would be a better way to grow the business and diversify.