A2B Australia sees worst day ever on ex-dividend

A2B Australia

12/01/2024 02:45

** Shares of A2B Australia  A2B.AX  nosedive as much as 32.9% to A$1.425,
set to see their worst day ever, if losses hold 
    ** Stock hits lowest since Dec. 21; set to end down for third straight day
    ** Taxi service firm had declared a fully franked dividend of A$0.05 per
share and a special dividend of A$0.55 per share in Aug 2023   
    ** Stock had doubled in 2023 

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))