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KIDMAN CATTLE CROWDFUNDING

​Over 5,000 backers wasn't enough to carry DomaCom’s now abandoned crowdfunding bid for S.Kidman, with the company deciding to re-direct their funds towards a smaller North Queensland pastoral target. An $8 million 120-year-old family beef operation at Charters Towers.
DomaCom’s fractional property investment trust model attracted pledges totalling about $80 million after launching its belated and unconventional tilt at the Kidman pastoral business when Chinese corporate bidders were initially named as likely buyers last year.
Small-scale “mum and dad” investors and a number of farmer partnerships rallied behind DomaCom’s push to have the sale opened up to ordinary Australians who wanted to keep the iconic Kidman name and its beef properties Australian-owned.
Whilst the funding didn't actually translate into a purchase, it's full credit to the platform for giving the crowd a voice in a transaction 

Location

​Crowd Funding Institute of Australia Ltd
Suite 11,
330 Wattle Street
Sydney, NSW 2007
Email: [email protected]

CFIA - A NOT FOR PROFIT INDUSTRY BACKER

The Crowdfunding institute of Australia is a not-for-profit public registered in Australia by the Australian Securities and Investment Commission. Australian Business Number: 16 602 661 718.

CFIA is a company limited by member guarantee, incorporated for the betterment of all forms of Crowdfunding in Australia. 

We represent the industry at state and federal levels and help to support platforms, fundraisers and backers.

The CFIA is a member funded organisation supported by people like you.

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  • Home
  • Welcome
  • Benefits
  • Stories
  • Platforms
  • Contact
  • Education - CSF
  • Events
    • CFIA Conference
    • Gallery
  • CFIA Conference
    • Matthew Pinter - Billfolda
    • Arthur Naoumidis - Domacom
    • Jeffrey Broun - PCP
    • Jill Storey - Readyfundgo
    • Benjamin Hu - Galaxy Crowdfunding
    • Ken Burrows - VixVerify
  • Crowdfunding News
  • CFIA 2018 Crowdfunding Survey
  • Crowdwise Blog
  • About
  • CFIA Subscribers