Ross Greenwood discusses Abundant Produce Ltd big debut

Abundant Produce Ltd had a big debut on the ASX, trading at 45 cents and settled at around 50 cents.

It is a vegetable seed company which breeds hybrid greenhouse vegetables. 

Company CEO Tony Crimmins explained its point of difference.

‘It’s a pretty tough environment that we’ve got (in Australia),’ he told Ross Greenwood.

‘We have these plants growing in very low-tech sort of environments on purpose.

‘The plants that actually successfully get through the crop.. We then re-breed them with the other ones that we’re looking for certain traits.’

After repeating this process, the best seeds are produced, Crimmins said.

Click PLAY to hear Ross Greenwood with Tony Crimmins