Business
Like oysters? New ASX company forecasts 300% growth // Motley Fool Australia
A bit like bombastic US president Donald Trump, oysters are polarising.
People either love them or hate them. Something about the texture.
That’s why the latest company to float on the ASX might not be to everyone’s taste.
For 4 years, East 33 Limited (ASX: E33) has been bringing together independent farms and distributors in the supply chain of Sydney Rock Oysters under a single company for the first time in that industry.
Now with a large tranche of acquisitions currently in progress to complete the picture, its shares will become publicly available on 3 December.
East 33 executive chair James Garton told The Motley Fool that the Sydney Rock Oyster scene had traditionally been a cottage industry. Fewer than 5 farmers had been…
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