Australia's Calmer Co International soars on long-term order

Calmer International

06/08/2026 06:24

** Shares of Australia's Calmer Co International CCO.AX rise as much as 50% to A$0.002, hitting their highest level since July 31
** Health and wellness co secures stategic supply agreement with unnanmed Pacific-based supplier of noble kava, a plant used to make herbal beverages
** Adds, agreement stipulates the supplier provides 10 tonnes of kava per month with an indicative annual supply value of about A$8.7 million ($6.13 million)
** Adds, agreement diversifies co's procurement network across Fiji, Papa New Guinea and Vanuatu
** 21.2 million shares change hands vs 30 day average of 6.4 million
** Stock down 50% YTD, inlcuding sessions' moves


($1 = 1.4192 Australian dollars)

 (Reporting by Shravya Marakini in Bengaluru)
 ((shravya.marakini@thomsonreuters.com;))