all the issues were predictable for anyone who follows the...

all the issues were predictable for anyone who follows the industry news
1) warmer weather reducing harvests and biomass
2) gill disease
3) lost kingfish in port stephens
4) lower export spot prices
5) higher capex

there is nothing new in this report to the downside that i can see and in fact if they can execute their sales trajectory into higher margin asian markets as a premium product then npat will continue to grow over the next 2 years.

im not holding but it looks like a hold to me. sp may have a wobble but any major downside >5-10% would he a good medium term entry price. ill keep any eye on it.