Kiwi agtech play CropLogic’s ASX debut disappointed investors, finishing its first day down 23 per cent from its IPO price at 15.5c.
The company, which offers crop management technology-as-a-service focused, for now, on potato crops, raised its target $8 million during the IPO, selling 40 million shares at 20c each.
It’s another protege of troubled investor Powerhouse Ventures (ASX:PVL).
