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Algae.Tec signs NSW biofuels deal

Perth-based biofuels developer Algae.Tec has signed on with New South Wales power generator Macquarie Generation to build an algae carbon capture and biofuels production facility alongside a 2640 megawatt power station near Sydney.

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Algae.Tec (AEB)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
424thPhylogica6%11%
498thAlterra-6%-11%
546thAlgae.Tec-15%-30%
614thMedibio-26%23%
700thNuheara-41%-9%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

05/01/18
$124k Sold
13/10/17
$0 Issued
13/10/17
$1.9m Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

110th↑Medibio$3.1m
111th↑Nuheara$2.9m
112th↓Algae.Tec$2.8m
113th↑Phylogica$2.8m
114th↓Alterra$2.7m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Algae.Tec

222ndEarl McConchie$528k
887thMalcolm James$49k
Ranked by total remuneration from all listed WA companies

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