RFA's Principal Activity is the harvesting of abalone, maintenance of our artificial reef, deployment of juvenile abalone to promote future harvest production and optimisation of our processing and distribution practices from our sea ranching aquaculture operation in Flinders Bay, Augusta Western Australia.
|Bid / Ask||-|
|Volume (4w avg)|
|vs Sector (1yr)||-|
|vs ASX 200 (1yr)||-28.66%|
|ASX Rank||1,965 of 2,397|
|Sector Rank||79 of 95|
Rare Foods Australia Limited (RFA , formerly Ocean Grown Abalone Limited) has developed the commercial greenlip abalone sea ranching business in the pristine waters of Flinders Bay, Western Australia. With the construction of proprietary,purpose-built artificial abalone reefs (called "ABITATSâ¢") now complete,RFA is supplying commercial quantities of its premium, 'wild-harvested', greenlip abalone to local and overseas customers.
No incorporation details available.
DPS and Yield calculations use the Pay Date.
|Mr Brent Stockden||Chief Financial Officer,Commercial Services Manager,Company Secretary||Apr 2021|
|Mr Robert (Rob) Jorden||Chief Executive Officer||Mar 2021|
|Mr Peter John Harold||Non-Executive Chairman,Non-Executive Director||May 2017||
Mr Peter John Harold
Non-Executive Chairman,Non-Executive Director
Mr Harold is a process engineer with over 30 years of corporate experience in the minerals industry, specialising in financing, marketing, project development and operating, business development and general corporate activities. Prior to founding Panoramic Resources in March 2001, Peter held various senior management positions with Shell Australia, Australian Consolidated Minerals Limited, Normandy Mining Limited, MPI Mines Limited and the Gutnick network of companies. Peter is a past Chairman of Youth Focus, having served on the board for 9.5 years. Youth Focus is a not-for-profit charity working to prevent youth suicide and depression. He is member of Risk Committee
|Ms Danielle Marguerite Lee||Non-Executive Director||May 2017||
Ms Danielle Marguerite Lee
Ms Lee have more than 25 years of experience. She has a range of skills and legal experience in the areas of corporate advisory, governance and equity capital markets. She has advised Australian public and private companies in a range of industries on corporate transactions including capital raisings, ASX listings, business and share acquisitions, shareholder agreements and joint venture agreements. She is chair of Risk Committee.
|Mr Ignazio (Ian) Ricciardi||Executive Director||Jul 2013||
Mr Ignazio (Ian) Ricciardi
Mr Ricciardi has been involved in the Western Australian Fishing Industry since 1975. Ian has worked on and operated prawn trawlers in Shark Bay, Gulf of Carpentaria, and Kimberly Prawn Fisheries. Ian also has interests in the South West Trawl Fishery, through One Sea Pty Ltd - Rottnest Island Scallop. The Ricciardi family built and operated an export food processing facility in North Coogee and holds 50% interest in Fremantle City Coldstores. Ian has experience in WA Commercial Fishery related processes and was a founding investor and director of Great Southern Marine Hatcheries (GSMH), Two Oceans Abalone (TOA) and Ocean Grown Abalone Ltd (OGA). Ian is also an active member of WAFIC Resource Access Advisory Committee (RAAC) since 2019. He is member of Risk Committee.
|Mr Bradley (Brad) Adams||Executive Director Corporate Development||Jul 2013||
Mr Bradley (Brad) Adams
Executive Director Corporate Development
Mr Adams is a third-generation fisherman and has worked as a commercial abalone diver along Western Australia's south coast for 12 years. In the 1990's, Brad was involved in setting up one of Tasmania's first abalone farms - Tasmanian Tiger Abalone, which later became Cold Gold Abalone. Brad has been actively involved in Abalone Aquaculture research and development in Western Australia since 2000. Brad was a director of the Western Australian Fishing Industry Council from 2009 to 2011 and Chairman from 2011 to 2013. Brad has been a Director of and served in an executive capacity for Ocean Grown Abalone Limited since July 2013.
RFA directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
|20/12/21||Bradley (Brad) Adams||Issued||1,570,354||$0.074||$116,206||Issue of securities|
|20/12/21||Peter Harold||Issued||1,000,000||$0.074||$74,000||Issue of options|
|20/12/21||Danielle Lee||Issued||1,000,000||$0.074||$74,000||Issue of options|
|03/12/21||Ignazio (Ian) Ricciardi||Buy||+463,319||$0.081||$37,626||On-market trade|
|30/11/21||Ignazio (Ian) Ricciardi||Buy||+500,000||$0.08||$40,000||Off-market trade|
|30/11/21||Bradley (Brad) Adams||Sell||+500,000||$0.08||($40,000)||Off-market trade|
|15/09/21||Bradley (Brad) Adams||Sell||+1,000,000||$0.065||($65,000)||Off-market trade|
|05/03/21||Bradley (Brad) Adams||Sell||+548,388||$0.088||($48,203)||Off-market trade|
The current holdings of RFA directors.
|Director||Last Notice||Direct Shares||Indirect Shares||Options||Convertibles|
|Ignazio (Ian) Ricciardi||03/12/2021||0||18,761,127||1,000,000||N/A|
|Bradley (Brad) Adams||30/11/2021||N/A||4,777,667||N/A||N/A|
A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.
Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.
|Name||Last Notice||Total Shares||Shares Held (%)|
|Ignazio Peter Ricciardi||19/08/2021||15,257,577||7.60|
|Calogero Paul Ricciardi||19/08/2021||13,008,003||6.52|
|Ubs Nominees Pty Ltd||19/08/2021||11,420,504||5.69|
|NE and HJ Soulos Pty Ltd||19/08/2021||10,273,422||5.12|
12 month transaction history compiled from ASX announcements.
No buy transactions reported by Substantial Shareholders in the past 12 months.
12 month transaction history compiled from ASX announcements.
No sell transactions reported by Substantial Shareholders in the past 12 months.
All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.