TGR
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0.26% $3.89 tassal group limited

This doesn't mean anything. The value of biological assets is...

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  1. forextraderL
    587 Posts.
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    22/03/17
    16:34
    Post #: 23549115
    This doesn't mean anything. The value of biological assets is calculated with discount cash flow at the moment of harvest. Which means you can put million of 10gram fish in tank and you value them as 5kg each at the moment of harvest. Which is stupid, but that's SGARA accounting standard.

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    Last edited by forextraderL: 22/03/17
    TGR Price at posting: $4.33 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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