Vista Partners Initiates Coverage on Algae.Tec Limited Target Price AUD $1.08

SAN FRANCISCO, CA — 05/01/12 — Vista Partners announced today that it has initiated coverage on Algae.Tec Limited (ASX: AEB) (OTCQX: ALGXY) (“The Company” or “AEB”) with a twelve month target price of AUD $1.08. Ross Silver, Principal Analyst at Vista Partners, stated, “The Company has numerous memorandums of understanding (MOU), one of which is with European airline giant Lufthansa. The Company and Lufthansa plan to jointly evaluate the potential for algae oil from AEB’s bio-reactors to be developed into a sustainable source of aviation biofuels.” Mr. Silver continues, “In addition, AEB signed a collaboration contract to build its first algae biofuels production facility in Asia. The facility is being built in Sri Lanka with the local subsidiary of industrial giant Holcim, the world’s second largest cement and building materials company.” Mr. Silver concludes, “Venture Beat recently stated that Solazyme, Algae.Tec, and Sapphire Energy all dominate the global algae to biofuels space, trying to edge out not only each other but oil companies as well.”

Click here to download the report.

About Vista Partners:

Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm’s professional staff has backgrounds in finance, corporate communications and investment banking. Vista Partners LLC has built a name for itself in the small cap space due to its selection of profitable investment ideas.

Algae.Tec Feed Me Algae


Improving world health and securing fuel independence, sustainably.


Latest Tweets

#Spirulina helps prevent cancer and lower the risk of stroke. It works also like a #natural #antioxidant since it r…
It might become easier to farm smaller fish because the #algae, #cyanobacteria and other #plankton they eat could a…
World Health Organization Confirms: #Medical #Cannabis Has No #Health Risks #medicinal #mmj #wellbeing #treatment…
Algae.Tec #ASX #announcement about Australian License Application is featured in this article by @StockheadAU $AEB…
Follow Algae.Tec on Twitter

AlgaeTec Newsletter

Receive news and updates. Sign-up for Investor Update

An error occured during parsing XML data. Please try again.