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Why Did Yumbah Cut the Clean Seas Scrip Ratio? Inside the $28M Impairment Impact
9:26am on Tuesday 17th of June, 2025 AEST
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Aquaculture
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Why Did Yumbah Cut the Clean Seas Scrip Ratio? Inside the $28M Impairment Impact
9:26am on Tuesday 17th of June, 2025 AEST
Key Points
Yumbah lowers scrip alternative ratio to 1 share per 2.8571 Clean Seas shares
Asset impairments of $23–28 million impact Yumbah’s valuation
Clean Seas shareholders retain $0.14 cash option unless electing scrip
Independent Board Committee endorses scheme based on cash consideration
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