Strong Lift Off for Seaweed Firm with Unique Business

Strong lift off for seaweed firm with unique business

A local climate technology company tackling a potent greenhouse gas with seaweed has soared in value after listing...

Seaweed farmer’s shares take off on first day of trade

Shares in seaweed farming outfit Sea Forest Ltd (ASX: SEA) have made a strong debut on the ASX, with the shares charging almost 30% beyond their initial public offer price. The company raised $20.5 million via the issue of new shares at $2 apiece, with the stock charging to $2.59, up 29.5%, soon after trade on the ASX started on Wednesday morning. The company is involved in the commercial cultivation of a particular type of seaweed native to Aus…

Methane-busting livestock feed company to go public

A home-grown climate tech company tackling a potent greenhouse gas with seaweed is set to list on the stock exchange, as it sets its sights on global expansion.