Australia's Eneco Refresh hits 5-mth low after former MD pleads guilty to charges
04/12/2023 01:17
** Shares of Eneco Refresh ERG.AX fall as much as 25% to
A$0.012, their lowest since July 4
** Water bottle distributor says former MD and chairman has
pleaded guilty to charges
** Adds charges were related to taking part in
transactions related to cheating/manufacturing artificial price
for co's shares
** Stock posts its biggest intraday pct fall since Oct. 4
** 346,784 shares change hands, compared with the 30-day
average volume of 32,867
** Stock has fallen 15.8% YTD as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))