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03/11/16
18:40
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Originally posted by forextraderL
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Management were hiding truth from shareholders.
Dr Tim Dempster from Melbourne Uni said that fish was in surviving mode in Feb 2016 (no oxygen, fish stopped eating...) Finally in April they give only one sentence 7.4.2016 "This decision was taken to ensure Tassal continues to generate sustainable returns moving forward in light of warmer water impacting growing conditions for near term supply ."
Huon mention few times in HY report and they were very concern, they are sharing the same water.
After this experience with management, withdrawal from Coles tender because you want to grow bigger fish and other stories it's hard to believe for anyone in common sense.
I would say good luck, but you will need more then luck.
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Originally posted by forextraderL
↑
Management were hiding truth from shareholders.
Dr Tim Dempster from Melbourne Uni said that fish was in surviving mode in Feb 2016 (no oxygen, fish stopped eating...) Finally in April they give only one sentence 7.4.2016 "This decision was taken to ensure Tassal continues to generate sustainable returns moving forward in light of warmer water impacting growing conditions for near term supply ."
Huon mention few times in HY report and they were very concern, they are sharing the same water.
After this experience with management, withdrawal from Coles tender because you want to grow bigger fish and other stories it's hard to believe for anyone in common sense.
I would say good luck, but you will need more then luck.
Expand
Well it is logical that if the fish stops feeding when they're lethargic, you would need to leave fish longer in the water to grow is it not?
I also believed (although this is only my opinion) that Coles was trying to rip Tassal off by cutting them down on prices.