Investors from China, Europe and around Australia have jumped on-board the opportunity to purchase shares in Australia's Oyster Coast.
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The South Coast based company – representing more than 40 oyster growers - issued 500,000 shares when it launched its prospectus on January 12.
Chairman David Trebeck said the company was well on the way of meeting its target of raising $500,000 under the offer, with oyster-driven tourism and international trade the big priorities.
Pambula oyster grower Brett Weingarth was in Hong Kong and China last August representing Australia’s Oyster Coast at trade shows, and believes an increase in overseas exports will help push up domestic prices with far reaching benefits.
“It’s a good thing not only for oyster farmers who are members of Australia’s Oyster Coast but the entire oyster community,” Mr Weingarth said on Tuesday February 9.