TGR reached $5 twice before, fell back both times. What’s different this time?, page-3

EPS has been pretty flat since 2015 so you might be onto something there; the difference this time is clearly the prospect of new prawn profits. If Tassal execute well there then I think the SP will find a new home north of $5 but if not then there will be a selloff and TGR will have about as much appeal as old prawns.
Management seem to be doing well enough at the moment though, so fingers crossed we're all eating prawn cocktails at the FY results in August!