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RLF - RLF AGTECH LIMITED


nipper
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RLF AgTech Ltd (RLF) should be listing soon.  It is involved in the manufacture and sale of technology based plant nutrition products.

Plants grown with our products have enhanced root systems and top growth, driving carbon capture from the air and storage in the soils, resulting in better soils and cleaner air. Plant Proton Delivery Technology reduces the need for mining traditional elements. RLF products lead to restored soils which are nourished and improved for sustainable use.

 

Listing date 12 April 2022 ; 11:00 AM AEST ##
Company contact details http://www.rlfagtech.com.au/
Principal Activities Manufacture and sale of technology based plant nutrition products
   
Issue Price AUD0.20
Issue Type Ordinary Fully Paid Shares
Security code RLF
Capital to be Raised $10,000,000
Expected offer close date 10 March 2022
Underwriter Not underwritten. Discovery Capital Partners Pty Ltd (Lead Manager).
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  • 4 weeks later...

RLF listed on 21 April, started above IPO price at 25c but it has been a slide for the rest of the month. Went as low as 16 and closed at 18c today

from the Quarterly (sounds rather scattershot)
Asia Sales Expansion Underway .... 35% increase of sales personnel in quarter
• First order delivered to new distributor customer in Turkey
• Strategic discussions with large scale French conglomerate for commercial cotton trial on the Ivory Coast in West Africa commenced

• RLF Carbon ... Signing of LOI with the Commonwealth Bank of Australia and preparations for commercialisation underway

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