TGR 0.26% $3.89 tassal group limited

Ann: Tassal- Realigning Channels-TGR.AX, page-27

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  1. 62 Posts.
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    Ok, so the way I read it is there is not enough salmon at the moment to meet demand in either the domestic or overseas markets. Algal blooms in Chile, the world's second largest salmon exporter, have caused mass killings in their salmon farms, driving up demand and prices world wide. Huon has acknowledged ongoing issues. Should Tassal continue to supply Coles at a fairly hefty discount when there is opportunity out there for gaining a broader based market share at better prices? I think the decision is a good one. We do, however, need clarification as to whether Tassal is also suffering from decreased production because of warmer waters or whether they are just capitalising on everyone else's problems.
 
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