The Wide Open Agriculture Ltd (ASX: WOA) share price is skyrocketing so far this week.

The company's share price has soared 27.78% since it closed at 54 cents on Friday. It's now trading at 69 cents, up another 2.22% on the day so far. For perspective, the  S&P/ASX 200 Index (ASX: XJO) has remained steady over the same time frame.

So why is Wide Open Agriculture having such a great start to the week?

Taiwan plan

Wide Open Agriculture's Dirty Clean Food has signed an exclusive two-year distribution agreement with DKSH Taiwan Ltd.

Under the agreement, DKSH Taiwan will market and sell the company's oat milk in Taiwan. This is expected to generate $650,000 in annual sales.

The oat milk product is carbon neutral and made with regeneratively-farmed oats. Today's agreement is the fifth distribution agreement for Dirty Clean Food in the past seven months.

Commenting on the deal, managing director Dr Ben Cole said:

We are thrilled to partner with DKSH to launch Dirty Clean Food's entry into the plant-based drinks market in Taiwan.

DKSH is a global leader in market expansion services, with broad reach and best in class capabilities. We are hopeful that this is the beginning of a long and fruitful partnership between our companies.

Supply agreement

In another deal this week, Wide Open Agriculture has also signed an agreement with Monde Nissin Australia to supply Buntine Protein for potential commercialisation. The product is a plant-based protein concentrate made from lupin seeds.

Wide Open Agriculture will supply the protein from a pilot production plant. The facility is under construction with the company targeting production of Buntine Protein in the fourth quarter of FY22.

Again, the product has no carbon footprint and can replace animal-based ingredients in food and beverages.

Commenting on the deal, Cole said:

WOA is excited to be working with MNA who share our passion to develop the market for regenerative lupin products.

This agreement has the potential to catalyse farmers to grow more regenerative lupins and offer consumers a range of innovative, delicious plant-based products.

Share price snapshot

The Wide Open Agriculture share price has lost 5.5% in the past year, while it is down 2% year to date.

In the past week, it has surged 22%, while it is up more than 6% over the past month.

For perspective, the benchmark S&P/ASX 200 Index has climbed 1% in the past year.

Wide Open Agriculture has a market capitalisation of about $88.5 million based on today's share price

The post Here's why the Wide Open Agriculture share price has surged 28% so far this week appeared first on The Motley Fool Australia.

The Wide Open Agriculture Ltd (ASX: WOA) share price is edging higher during late afternoon trade. This comes as the regenerative food and farming company provided investors with an update on its lupin protein project.

At the time of writing, Wide Open Agriculture shares are up 1.35% to 75 cents.

What did Wide Open Agriculture announce?

In today's statement, Wide Open Agriculture advised that its new product development (NPD) team is progressing development of two new oat milk products.

Research into lupin began in May 2020 with the company producing a modified lupin-based protein (MLP) at pilot-scale in December. Nutritional analyses showed that the production process retained the nutritional quality of the modified lupin protein concentrate.

However, further testing is still being conducted as Wide Open Agriculture aims to expand its scientific, engineering and commercialisation capacity.

Initial samples have been sent to potential off-take partners across Europe, North America and Australia. The company is hoping to unlock significant commercial gains using lupin protein to create food and beverage products.

In addition, internal competitive analysis studies are underway to determine the competitive strengths of MLP against Soy, Pea and Faba proteins. So far, the results indicate that MLP has advantages over all other major plant-based proteins currently available in the market. This relates to protein concentration, kernels protein content, digestibility, and so on.

Wide Open Agriculture also has identified the site for its in-house, pilot manufacturing facility. The plant will be located at its distribution centre in Kewdale, Western Australia.

The first lot of equipment has arrived and will be used to test the company's manufacturing technology.

Wide Open Agriculture share price summary

Wide Open Agriculture shares have largely moved in circles over the past 12 months. During the period, its shares have lost around 25% in value, with year-to-date down about 15%.

The company's shares are treading at the lower end of its 52-week range of 62 cents to $1.25.

Wide Open Agriculture has a market capitalisation of roughly $75.12 million, with approximately 100.2 million shares outstanding.

The post Why the Wide Open Agriculture (ASX:WOA) share price is lifting on Thursday? appeared first on The Motley Fool Australia.

V2food has become a staple on Australian supermarket shelves. It was developed in conjunction with the CSIRO and has a focus on being a sustainable and realistic alternative to meat products.

In fact, if you've ever had a Rebel Whopper at Hungry Jack's, you've eaten a v2food burger patty. So, how can ASX investors get their hands on a piece of v2food?

Unfortunately, I don't have good news…

How to buy v2food on the ASX?

I hate to break the bad news, but v2food likely won't be anyone's next investment. That's because it's a privately owned company.

That's not to say it doesn't have any investors. Competitive Foods Australia, which operates Hungry Jack's, is a v2food investor.

The Sydney Morning Herald reported v2food received investments from numerous Asian investment vehicles when it stretched its legs into Asia.

Today, The Australian reported v2food is valued at more than $500 million. It would be a particularly exciting day if an ASX inititial public offering (IPO) was announced for v2food.

The next best thing?

Luckily, there are numerous options for investors interested in companies like v2foods.

The most obvious is, of course, the NASDAQ-listed Beyond Meat Inc (NASDAQ: BYND). Beyond Meat reported its results for the 3 months ended 3 July yesterday.

Within them, it reported net revenue of US$149.4 million – 31.8% more than the prior corresponding period. However, it reported earnings before, interest, taxes, depreciation, and amortisation (EBITDA) reached a loss of US$2.2 million.

The loss was due to higher overheads, transport costs, and depreciation and amortisation expenses.

ASX-listed plant-based protein makers

On the ASX there are a few options for those hoping to capitalise on plant-based meat. Those interested in buying shares of v2food might like the look of these ASX shares.

The first plant-based meat focused company is Wide Open Agriculture Ltd (ASX: WOA). The company isn't wholly plant based – it has interests in beef, lamb, and poultry.

However, it's working with the CSIRO and Curtin University to create plant-based proteins from lupin. It also produces the world's first carbon neutral oat milk, OatUP.

Another ASX-listed company is coming at the plant-based movement from a slightly different direction.

Pure Foods Tasmania Ltd (ASX: PFT) acquired its second plant-based cheese business in March.

The post Can you buy shares in plant-based meat company v2food on the ASX? appeared first on The Motley Fool Australia.

The Wide Open Agriculture Ltd (ASX: WOA) share price is strongly in the green today.

Shares in the food and agriculture company are trading higher following the release of its quarterly results earlier today.

Let's take a look at how Wide Open Agriculture performed for the quarter.   

Wide Open Agriculture reports strong growth

Earlier today, Wide Open Agriculture released its results for the fourth quarter of FY21.

The company's report was highlighted by its eighth consecutive quarter of revenue growth.

Wide Open Agriculture reported a 28% quarter-on-quarter revenue growth of $1.459 million. The company noted that actual cash payments received for the period totalled $1.585 million.

Revenue for the quarter also represents a 155% increase in sales over the corresponding period the previous year.

Wide Open Agriculture's management attributed the growth to its commercial strategy to scale and expects its growth trajectory to continue.

The company also noted its strong balance sheet. As at 30 June 2021, Wide Open Agriculture reported a cash position of approximately $13 million.  

Wide Open Agriculture highlights achievements

In addition to its financial performance, Wide Open Agriculture also highlighted its achievements for the quarter.

In particular, the company cited encouraging nutritional analysis of its Lupin Protein Project.

Wide Open Agriculture noted its lupin protein concentrate, with 76% protein content, was being used in several early-stage food and drink prototypes.

The company was also able to expand its distribution and product range during the quarter.

Wide Open Agriculture said it will continue to direct its efforts towards the multi-billion dollar plant-based foods sector.

More on Wide Open Agriculture

Wide Open Agriculture Limited is a vertically integrated food and agriculture company.

The company has three main areas of operation. These include its regenerative food brand 'Dirty Clean Food', oat products and plant-based proteins.

Wide Open Agriculture markets and distributes food products with a focus on conscious consumers in Australia and South-East Asia

Despite today's boost, the Wide Open Agriculture share price has struggled in 2021. Shares in the company are still around 11.5% from where they started the year.

At the time of writing, the Wide Open Agriculture share price is up more than 3.29% for the day, trading at its intra-day high of 78.5 cents.

The post Wide Open Agriculture (ASX:WOA) share price lifts on results appeared first on The Motley Fool Australia.

June has been a busy month for Wide Open Agriculture Ltd (ASX: WOA) and its share price is reacting favourably. At the time of writing, the Wide Open Agriculture share price has gained 19% over the past 30 days to trade for 85 cents.

Since this time last month, the market has heard a plethora of price-sensitive news from the food and agriculture company. Let's take a look.

The month that's been for Wide Open Agriculture

This month, the company has released news about 2 of its key products. The company has made headwinds with its modified lupin protein and its OatUP oat milk product.

Modified lupin protein

On 27 May, Wide Open Agriculture announced its up-and-coming modified lupin protein had been made into several early-stage food and drink prototypes.

The company found its lupin protein can be used in food items such as noodles and mock meats. It also forms a gel-like constancy which the company believes would serve to make plant-based cheeses, yogurts, tofu, and mayonnaise. Additionally, it can be a soluble power, which the company plans to add to its OatUp product to create a new line of high-protein oat milk.

The company has already made protein balls from the technology. They are for sale on the company's Dirty Clean Food website.

The news saw the Wide Open Agriculture share price finish the day 15% higher than its previous session.

The company announced on 17 June it will build a manufacturing facility in Western Australia to produce lupin protein-based food products.

Despite the good news, the company's share price fell 6%.

OatUP

The company announced on 9 July OatUP's distribution was expanding after strong market uptake.

According to the company, OatUP is highly sought after by cafes, consumers, and retailers in Western Australia. It launched into South Australia as a result.

The company is also selling OatUP direct to consumers online, as well as planning to launch the product in South East Asia.

OatUp is the world's first regenerative and carbon neutral oat milk.  

The company's shares gained 2% on the back of the announcement.

Finally, Wide Open Agriculture told the market OatUP will be distributed in Victoria and New South Wales. According to the company, the oat milk product will be stocked in The Market Grocer stores.

The Wide Open Agriculture share price gained 8% on the news.

Wide Open Agriculture share price snapshot

It hasn't been a great year for the Wide Open Agriculture share price on the ASX – it's fallen 4.5% year to date.

However, it has gained 107% since this time last year.

The company has a market capitalisation of around $78 million with approximately 107 million shares outstanding.

The post The Wide Open Agriculture (ASX:WOA) share price gained 19% in a month appeared first on The Motley Fool Australia.

The Wide Open Agriculture Ltd (AXS: WOA) share price is on the move today following an initial purchase order for its OatUP product.

At the time of writing, the regenerative food and farming company's shares are fetching for 89.5 cents, up 12.58%.

Wide Open Agriculture welcomes OatUP sales

Investors are buying Wide Open Agriculture shares after the company secured initial distribution across the southern states.

In today's release, Wide Open Agriculture advised it has received its first OatUP purchase order from The Market Grocer. The products will be sent into New South Wales and Victoria for sale across its grocery portfolio.

Established in 2005, The Market Grocer is one of Australia's largest grocery wholesalers servicing both independent grocers and major independent supermarkets. The company offers consumers imported and local products packaged & distributed throughout the country.

The purchase order follows an initial trial that evaluated potential customer interest and market opportunities earlier this month. After a successful run, both companies agreed to partner up to launch Dirty Clean Food's OatUP across the southern states.

As such, The Market Grocer will be Wide Open Agriculture's first major distributor in the New South Wales market.

The OatUP product has been shipped to the designated facilities and is expected to be available for retail by late June.

Wide Open Agriculture stated that the latest update represents a lucrative opportunity with its first presence across the East Coast. Based on the significantly larger population in those states, sales could potentially accelerate.

Dirty Clean Food CEO, Jay Albany commented:

After a strong launch in Western and South Australia only six months ago, we are excited to have another wonderful partner expanding the availability of OatUP into the Eastern States. OatUP is the world's first regenerative and carbon neutral oat milk. This is a special distinction, which aligns with the values that underpin the larger trend of consumers evaluating a switch from dairy to plant-based milks.

About the Wide Open Agriculture share price

The Wide Open Agriculture share price has surged in the past 12 months, doubling in value. The company's shares reached an all-time high of $1.85 in August 2020 before moving in circles.

Based on today's price, Wide Open Agriculture presides a market capitalisation of roughly $84 million, with 93.6 million shares outstanding.

The post Why the Wide Open Agriculture (ASX:WOA) share price is racing 12% higher appeared first on The Motley Fool Australia.

The Wide Open Agriculture Ltd (AXS: WOA) share price is shooting higher today following the announcement of its preliminary results.

At the time of writing, the regenerative food and farming company's shares are fetching for 89 cents, up 4%.

What did Wide Open Agriculture announce?

Investors appear pleased with the company's latest release, pushing Wide Open Agriculture shares higher.

According to its release, Wide Open Agriculture advised it has received positive preliminary results confirming its lupin protein has applications for multiple food products. Nutritional analyses showed that the production process retained the nutritional quality of the modified lupin protein concentrate. This paves the way for the company to unlock significant commercial potential using lupin protein to create food and beverage products.

The plant-based protein market is estimated to reach US$15.6 billion by 2026. Most notably, the Asia Pacific region is projected to record the highest growth during this period.

Previous barriers for lupin involved undesired texture and capacity for gelling and thickening across the food sector. However, initial laboratory results indicate the right balance of amino acids with low levels of phytoestrogens and high digestibility. This has led to Wide Open Agriculture developing a lupin that has the correct gelling, dispersibility and wettability. In turn, the lupin can be used to make plant-based meat alternatives such as vegetable burgers, high-protein noodles, protein-enriched plant-based milks, and as an egg white replacer.

Wide Open Agriculture revealed that the preliminary results will provide a future framework for further sensory and taste testing. A concept food or drink product using the modified lupin protein is expected to be created.

Once successful, the company hopes to sign a number of supply agreements with established plant-based protein brands. In addition, Wide Open Agriculture will also launch its own lupin protein products under its 'Dirty Clean Food' brand.

Wide Open Agriculture CEO, Ben Cole hailed the strong outcome, saying:

The laboratory results are extremely encouraging and provide an excellent foundation to continue rapidly working towards proof-of-concept food and drink products with our patented lupin protein.

Wide Open Agriculture share price summary

Wide Open Agriculture shares have accelerated over the past year to provide investors with returns of 550%. Looking at the share price performance over the month, the company's shares have jumped close to 30%.

Based on valuation grounds, Wide Open Agriculture presides a market capitalisation of around $82.7 million.

The post Wide Open Agriculture (ASX:WOA) share price shoots higher on results appeared first on The Motley Fool Australia.

Wide Open Agriculture Ltd (AXS: WOA) shares are surging today after the company provided investors with a market update. At the time of writing, the Wide Open Agriculture share price is trading 10.77% higher at 72 cents.

At one stage during earlier trade, the regenerative food and farming company's shares had surged by nearly 17% to 76 cents before retreating to their current level.

Let's take a closer at the highlights of Wide Open Agriculture's presentation to investors.

What did Wide Open Agriculture announce?

The Wide Open Agriculture share price is storming higher as investors seem excited about the company's future prospects.

According to its presentation, Wide Open Agriculture highlighted has achieved sustained growth over the past six quarters with its 'Dirty Clean Food' brand portfolio. In the midst of COVID-19, the company recorded $980,000 in revenue per quarter in the final months of 2020. This was underpinned by an uptick in consumer demand for plant-based protein.

In addition, the company noted its ability to quickly adapt to changing trends with launches such as its 'Oat Up' milk product. This took a period of under 12 months from conception to initial sales.

Wide Open Agriculture is seeking to penetrate the largest and fastest-growing food and beverage markets through its food technology programs. Research into lupin beans began in May 2020 with the company producing a lupin-based protein at pilot-scale in December.

Furthermore, Wide Open Agriculture revealed that more global food companies are partnering with plant-based businesses. In the United States alone, 9 out of 10 meat companies either launched, bought, or worked together with plant-based meat brands in 2019.

To validate claims that plant-based protein is the next big thing, conventional meat sales lifted 40% in year-to-year sales for the month of March 2020. In comparison, plant-based meat sales rocketed by 231% over the same time frame.

Market opportunity

A report published by PV Plant Milk indicated that the market for plant-based meat is expected to reach US$28 billion by 2025. This is more than double the current market of US$12.1 billion.

The global oat milk market was estimated to be worth around $3.7 billion in 2019, growing at a compound annual growth rate (CAGR) of 9.8%. This by far outpaced other milk alternatives such as hazelnut, coconut, almond, rice, hemp, and soy products.

About the Wide Open Agriculture share price

The Wide Open Agriculture share price has taken over in the past 12 months, gaining by nearly 530%. The company's shares reached an all-time high of $1.85 in August 2020 before trending lower.

Based on the current share price, Wide Open Agriculture commands a market capitalisation of roughly $60 million.

The post Here's why the Wide Open Agriculture (ASX:WOA) share price is up 11% today appeared first on The Motley Fool Australia.

There are as many different approaches to investing as there are investors, and no approach is inherently correct. But one approach to investing is gathering quite a buzz lately.

Environmental, social, and governance (ESG) investing considers the sustainability and ethics of companies above other measures. This approach is relatively new and has received praise from some experts and investment firms, but not everyone is a believer.

Who is ESG investing good for?

Those that argue for ESG investing believe it is the best way to future proof your portfolio. Those concerned by climate change, environmental destruction, and social inequality might find investing in companies with sustainable practices eases their minds.

If this sounds like you, you're not alone. BlackRock surveyed investors all over the globe and found that 54% believe sustainable investing is fundamental to processes and procedures.

Immediate past president of the Myer Foundation Martyn Myer and global head of responsible investment at Mercer Helga Birgden spoke to Motley Fool about their approach to ESG investing on the ASX on Wednesday.

"If you invest with ESG principles in mind in a sophisticated way, you invest with economic and social tailwinds behind your investment instead of headwinds," said Martyn Myer.

"It means that lots of things you're investing in are growing far faster than GDP. So, you're investing in growth, but for a very sound reason."

Helga Birgden added:

One of the biggest concerns for investors is about what should be in their portfolios in the light of current policy commitments in Australia. We are framed to reduce our pollution by 15% by 2023 if we are to meet the Paris Agreement goal. That's only 2 years away. And 45% absolute carbon emissions reductions in the next 9 years. For investors that's pretty significant.

Who shouldn't take an ESG approach to investing?

Often, a sustainable approach to investing is characterised by long-term gains with little short-term satisfaction.

As UK Firm Newton Investment Management commented in Investment Magazine, those who want a quick, passive gain may not find their needs fulfilled by conventional ESG investing.

To be done right, ESG investing should be an active form of investing with a lot of research and maintenance involved, reasoned Newton Investment Management.

If that doesn't sound like your cup of tea, there's no need to worry. You may find that you're already investing in ESG-focused companies.

In 2019, the Australian Council of Superannuation Investors that 76% of the companies listed on the ASX 200 already report at least a moderate level of meaningful ESG management.

Where to start when looking for ESG investments on the ASX?

There are plenty of companies on the ASX that align with the principles of ESG investing. Here are 3 ASX shares currently focused on sustainability across various industries.

Secos Group Ltd (ASX: SES)

Secos Group is a producer of sustainable packaging materials. It has stockists in 20 countries and a successful contract with Woolworths.

The company has had some incredible gains this year. Currently, its share price has risen by 51% year to date, and by an incredible 362.6% over the last 12 months.

Wide Open Agriculture Ltd (AXS: WOA) 

Wide Open Agriculture Ltd is a regenerative food and farming company aiming to make eco-friendly food products. It's making gains in the development of an Australia-made plant-based protein from Western Australian lupin.

Wide Open Agriculture's share price is down 20% year to date but is up by a whopping 400% over the last 12 months.  

Neometals Ltd (ASX: NMT) 

Neometals is a lithium mining company working towards powering electric vehicles and clean energy storage initiatives. It has also partnered with German plant manufacturer SMS group to create Primobius, a lithium-ion battery recycling program.

Neometals' share price is up 24% year to date and 84.6% over the last 12 months.

The post Future proofing: Should you invest in a sustainable ASX portfolio? appeared first on The Motley Fool Australia.

An investors dream is to find the next A2 Milk Company Ltd (ASX: A2M) in its early days. Here are two microcap ASX shares in the health food and dairy spaces that I think could become giants in the future.

2 ASX shares with huge growth potential

1. Pure Foods Tasmania Ltd (ASX: PFT) 

Pure Foods Tasmania was formed in 2015 with the aim to acquire, grow and develop premium food businesses in Tasmania. The company has a market capitalisation of $42 million with two acquired businesses and a third acquisition in progress. 

The two already acquired businesses are Tasmania Pâté and Woodbridge. Tasmania Pâté is one of Australia's largest pâté businesses and a supplier to large retail outlets including Costco Wholesale Corporation (NASDAQ: COST), Aldi and Woolworths Group Ltd (ASX: WOW). Woodbridge is a boutique producer of ultra-premium Tasmania smoked salmon and trout with over 60% of its products exported to Asian markets and sold to high-end food service retailers throughout Australia. Finally, earlier this month, Pure Foods announced it is acquiring Daly Potato Company, a producer of premium potato salads which are sold to major supermarket chains. 

In FY20, the company delivered a 13% increase in revenue to $4.27 million, a net loss of $196,500 and $4.13 million in cash as at 30 June. The company plans to target the plant-based cheese market which is forecasted to reach $3.9 billion by 2024. It will launch new, Tasmanian plant-based dairy products into national, independent, direct-to-consumer and export retail channels. Furthermore, the company recently launched its new online store which aims to provide a hub for consumers around Australia looking for premium products from Tasmanian producers. The Pure Foods share price has surged 268% in year-to-date trading. Interestingly, some of the original shareholders of Bellamy's are also the founders of Pure Foods. Its experienced founders could see this ASX share continue to outperform.  

2. Wide Open Agriculture Ltd (ASX: WOA) 

Wide Open Agriculture offers regeneratively grown animal and plant-based products to Australian and Asian markets. This means that it grows plants and raises animals on farms that regenerate the land – bringing new life to soil health, plants, wildlife and waterways. Its products are therefore free of chemicals and pesticides, high quality and locally sourced with a short, transparent supply chain. The company currently has a market capitalisation of $89 million.

In FY20, the company generated $2.2 million in revenue and a loss of $1.85 million. Its products are currently only sold in Western Australia with limited marketing and a large opportunity to penetrate new domestic territories and launch globally. Wide Open Agriculture believes it has a first mover advantage in the production of lupin-based protein that can be used to create alternative meat, dairy, beverage and convenience food products. 

Moving forward, the company is looking to increase its revenue by penetrating into new domestic markets, expanding its product offering online and exporting to Asian markets. Furthermore, it aims to launch its own new products in lupin protein and build a manufacturing capability to produce oat milk. I believe the company is in its early days with a significant revenue opportunity at hand. The Wide Open Agriculture share price has increased more than 700% year to date but the company's ability to operationally execute and grow revenues could see its share price run continue well into the future.

The post Could these microcap ASX shares be the next A2 Milk (ASX:A2M)?  appeared first on The Motley Fool Australia.

The Wide Open Agriculture Ltd (ASX: WOA) share price has charged out of a trading halt today, rallying as much as 30% on the back of a completed capital raising.

Wide Open Agriculture is in the business of regenerative food and farming. Through its farmland portfolio and Dirty Clean Food brand, the company grows, markets and distributes food products.

More specifically, Dirty Clean Food offers regeneratively grown animal and plant-based products, such as lamb, beef, milk, and bread, to consumers located primarily in Australia and South-East Asia.

Wide Open Agriculture is dual-listed on the Frankfurt Stock Exchange and has been publicly listed in Australia since July 2018.

Details of the capital raising

Wide Open Agriculture shares resumed trading on the ASX this morning after being placed in a trading halt at the beginning of the week.

The resumption of trading came as the company announced the successful completion of a $3 million institutional placement.

The placement will see Wide Open Agriculture issue around 11 million new ordinary shares to institutional and sophisticated investors at a price of 27 cents apiece. This represents an 18.2% discount to the company's last closing price of 33 cents.

Wide Open Agriculture stated that the placement was strongly supported by existing shareholders. It also introduced a number of new, high net-worth investors to its share register.

The company believes the strong demand for the placement provides validation of its growth strategy to increase revenue and launch additional products for its growing customer base.

Following this boost to its cash reserves, Wide Open Agriculture will now work towards expanding and diversifying its online product offering, launching oat milk and plant-based protein products for Australian and global markets, and accelerating sales of regenerative meat.

Commenting on the placement, managing director Ben Cole said:

"The overwhelming demand from institutional and sophisticated investors is a strong endorsement of WOA's execution to date, but also demonstrates the belief that the Company is positioned to grow alongside the rapidly expanding base of conscious food consumers and regenerative farmers."

"Our highly capable, experienced team is now ready to grow the Company and maximise shareholder return and scale our positive impact," he added.

At the time of writing, Wide Open Resources shares are changing hands at 40 cents apiece, taking the company's current market capitalisation to just $28 million. 

The post Wide Open Agriculture share price flies higher after completing capital raising appeared first on The Motley Fool Australia.