Cheaper lev­els, but still wary

Finweek English Edition - - Marketplace Simon Says -

Tiger Brands an­nounced it will be un­bundling its 42% stake in Oceana. This is not ma­te­rial for Tiger Brands, but could hurt the Oceana share price in the short term as the mar­ket gets flooded with Tiger Brands share­hold­ers sell­ing their Oceana shares. I have spent a lot of time look­ing at and writ­ing about the fish­ing stocks, but the truth is that I al­ways seem to be on the wrong side of this in­dus­try. So, while the sell­ing will create op­por­tu­nity for those want­ing to maybe pick up some cheaper Oceana stock, I am stay­ing away. CEO of Dis­cov­ery

Adrian Gore

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