Good result, improving fundamentals in the core business with a large upside to additional margin in prawns.
Question is what other part of the industry do they buy into next in 2020 or early 2021.
Considering climate is probably the biggest single factor risk facing the business model, I would think land based aquaculture after prawns is again their next play.
Perhaps the fledgling barramundi aquaculture business?
TGR Price at posting:
$4.96 Sentiment: Buy Disclosure: Held
