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Rare Foods Australia Votes to Delist from ASX

Story Highlights

Rare Foods Australia Limited ( (AU:RFA) ) has shared an announcement.

Rare Foods Australia Limited held a General Meeting on April 29, 2025, where a resolution to remove the company from the official list of the ASX was passed. The decision, supported by an overwhelming majority in the poll, marks a significant shift in the company’s operational strategy, potentially impacting its market positioning and stakeholder engagement.

More about Rare Foods Australia Limited

Rare Foods Australia Limited (ASX: RFA) is a pioneering company in the seafood industry, having developed the world’s first commercial Greenlip abalone sea ranching business. Located in the pristine waters of Flinders Bay, Western Australia, the company uses proprietary artificial reefs, known as ABITATS™, to produce and supply premium ‘wild-harvested’ Greenlip abalone to both local and international markets.

YTD Price Performance: -66.67%

Average Trading Volume: 226,444

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.18M

For an in-depth examination of RFA stock, go to TipRanks’ Stock Analysis page.

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