Shares in seaweed farming outfit sea forest ltd (asx: By thursday, asx data suggested its market capitalisation had climbed to. Assess historical data, charts, technical analysis and contribute in the forum.
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The stock opened at $2.59, marking an increase of nearly 30% above its initial public offer (ipo) price of $2.00. Sea forest was valued at $112 million when trading opened, with 56 million shares on offer. Sea raised $20,500,000 pursuant to the offer under its.
Sea) delivered one of the strongest asx ipo debuts of 2025, surging 25 percent to $2.50 in its first day of trading after raising $20.5 million at $2.00 per.
The securities of sea will commence quotation at 11:30 am aedt on wednesday, 26 november 2025. Shares in sea forest, an australian livestock feed additive manufacturer using seaweed to cut methane emissions, traded 20% above its offer price after listing on the. Sea forest and the lead manager, ord minnett limited, reserve the right to vary the offer timetable, including closing the offer early or extending it, without notice. Tasmanian climate tech startup sea forest was embraced by investors, with its shares closing up 12.5% on debut after listing on the asx.
They are the first company to cultivate asparagopsis at a commercial scale in australia. The company’s share price jumped 27.6 per cent to a peak of $2.55 in the first few. Sea) have made a strong debut on the asx, with the shares charging almost 30% beyond their initial public offer price. This robust debut values sea forest at around $145 million.
