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Latest Articles
Wallis Lake has finally reopened for business, and East 33 is shuckin’ thrilled
The farming industry tests many of your abilities beyond the act of farming itself—there’s marketing, distribution, and even disease management. Between September 26 and 30, 2023, the Sydney Rock Oyster producer and supplier East 33’s (ASX: E33) Wallis Lake operations were plagued (literally and fiscally) with ill oysters. Consequently, the Wallis Lake operations, along with
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Rare Foods Australia sees abalone sales rise despite a relatively quiet winter
You’ve probably heard about the scarcity bias—the more challenging something is to acquire, the more valuable it is, and the more we want it. Premium foods and wild-caught fishery company Rare Foods Australia (ASX: RFA) caters to that bias with ocean floor-matured wine and abalones (typically priced at about $60 per kg at fish markets).
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East 33 flags major oyster cull as QX parasite tears through Port Stephens
First detected by authorities in August 2021, fears of the QX parasite infecting East 33’s (ASX: E33) oyster have come to fruition with the aquaculture company confirming that re-emergence of the parasite is likely to see 11-17 million saleable oysters lost. QX, the designation for Queensland Unknown, is a disease that impacts Sydney Rock Oysters
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Takeover talks: Angel Seafood confirms last offer was best offer
“What’s your best price on this?” “Mate, it’s the price it’s listed at. If I wanted less, I would have listed it less.” It’s a conversion we’ve all had on Facebook marketplace as unscrupulous bargain hunters think their cash is more valuable than others, while unashamedly asking for further discounts. Oddly enough, such conversations perforate
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Angel Seafood to build automated FlipFarm following strong oyster demand and sales
Hitting restaurants and beaches in droves following months of pandemic lockdowns, the Australian love for seafood saw increased demand for organic oysters farmed by Angel Seafood (ASX: AS1) which is set to double its annual supply in coming years through new breeding facilities. Angel Seafood will shortly commence construction of their FlipFarming project at Coffin
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The New Criterion: sizing up the latest seafood IPO
If an upcoming IPO has its way, dinner party guests will need to contend with oyster aficionados raving on about creaminess and mouth feel along with the wine swillers, olive oil purists and crema-obsessed coffee snobs. By making a splash into the underappreciated Sydney rock oyster pond, East 33 (E33) wants to be seen not
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