RLF - RLF AgTech

[Dona Ferentes]

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

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	RLF AgTech - Grow With Us We’re RLF Agtech, and we’re here to empower our farmers, nourish our people, and restore our earth, all by growing more food, with more nutritional value. www.rlfagtech.com.au Ph: +61 (08) 9334 8700
Principal Activities	Manufacture and sale of technology-based plant nutrition products
GICS industry group	TBA
Issue Price	AUD 0.20
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).

 

[Dona Ferentes]

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