Ocean Harvest Technology makes seaweed-based ingredients for animal feed. These are used by animal feed producers as part of the mix that goes into the production. They use the ingredients because studies indicate that they can improve health and yields.
Management believes it has spent €20m on developing and commercialising these ingredient products. The cash raised will finance additional marketing, increase manufacturing capacity and enable further product development.
The share price opened at 17p and ended the first day of trading at 17.125p (16.25p/18p). There were 3.25 million shares tr...
