Rare Food Australia (ASX:RFA)

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  General

  EM Portfolio is back and 2 small caps Uncovered

  This episode, we welcome back the Equity Mates Portfolio. First up, we want to remind you that the stocks we discuss are hypothetical and not buy, hold, or sell recommendations. However, if you have a stock that you want us to cover, don't hesitate to reach out to us!

  27 February

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  General

  Uncovered: Rare Foods Australia

  We uncover Western Australian abalone producer, Rare Foods Australia (ASX:RFA). Known as "white gold" abalone is one of the world's most expensive seafoods and Rare Foods Australia farm the seafood with their unique sea ranch.

  18th Feb, 2023

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  Rare Foods Australia: Farming one of the world's most expensive seafoods

  For most of us, abalone, also known as ear shell, sea ear or mutton fish, is a seafood we’ve heard about but never tasted. They are single-shelled, algae-eating, marine molluscs. Rare Foods Australia, which up until last year was named Ocean Grown Abalone, built a world-first artificial reef to grow their abalone. Situated ~300km south of Perth in Augusta, Western Australia this artificial reef is made up of 5,000 separate concrete abalone habitat units. Each of these units can host 400 abalone each. Young abalone are sourced from an onshore hatchery and added to the units. They are then left to grow for two to three years before reaching a marketable size.

  18 February