DNB Markets Analyst Alexander Aukner is rejecting the findings of a damning report by Carnegie analyst Lars Konrad Johnsen suggesting salmon farmer Grieg Seafood will “run out of cash” in the second half of 2021 unless salmon prices rise sharply over the coming months.

Carnegie is urging investors to avoid Grieg Seafood shares, saying the company’s finances appear to be in dire straits with “no room for error ahead in 2021."