Algae Biofuel firm aims to buck credit crunch trend

An Algae Biofuel firm in New Zealand aims to buck credit crunch trend with an IPO of 60m shares at 50cent each. That could raise New Zealand dollars (NZD) 30m ($17m) for Aquaflow Bionomic Corporation, based on South Island, according to Stuff.co.nz.

They must have a compelling story to tell.

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