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Algae.Tec recognized as top IPO performer in 2011

Biofuels company Algae.Tec has been recognized as the second-best performing IPO for 2011 by leading Australian financial and business journal, the Australian Financial Review (AFR). AFR has featured Lagae.Tec as an outperformer in a risk-averse market with its shares at 150% after promising operational progress.

Algae.Tec, an algae-to-biofuels company that offers an enclosed high growth harvesting system, and a carbon capture solution for power and manufacturing facilities, is also listed on the Frankfurt Stock Exchange and has an ADR program for USA investors. - read more

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