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Seafarms raises more funds for prawn project

Local aquaculture firm Seafarms Group has announced its second capital raising in the past two months, this time tapping investors for $11 million to fund ongoing work at its $1.45 billion Sea Dragon prawn project.

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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
225thMatrix Composites & Engineering46%-17%
236thHomeloans42%1%
387thFFI Holdings10%6%
607thVmoto-25%-23%
636thSeafarms Group-30%-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

22/08/17
$0 Issued
17/07/17
$0 Issued
17/07/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

57th↓Vmoto$36.7m
58th↓Homeloans$36.4m
59th↑Seafarms Group$35.8m
60th-FFI Holdings$34.3m
61st↓Matrix Composites & Engineering$33.2m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Seafarms Group

607thChris Mitchell$227k
608thHarley Whitcombe$226k
683rdIan N Trahar$201k
Ranked by total remuneration from all listed WA companies

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