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Oysters attract global interest

Sharing the love: Pambula oyster grower Brett Weingarth, representing Australia’s Oyster Coast, woos Chinese investors in Guangzhou last August. Picture: AOC
Nanjing Night Net

Investors from China, Europe and Australia have jumped on-board the opportunity to purchase shares in Australia’s Oyster Coast.

The South Coast based company –representing more than 40 oyster growers -issued 500,000 shareswhen it launched its prospectus on January 12.

ChairmanDavid Trebeck said the company wasclose to meeting its target of raising$500,000, with oyster-driven tourismand international trade the big priorities.

Pambula oyster farmer Brett Weingarth was in Hong Kong andChina last year representing Australia’s Oyster Coast. Hebelieves an increase in exports will push up domestic priceswith far reaching benefits.

“It’s a good thingnot only for oysterfarmers who are members of Australia’s Oyster Coastbut the entire oyster community,” he said.

This story Administrator ready to work first appeared on Nanjing Night Net.

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