Australia's Merino & Co soars on order win

Merino & Co

11/05/2026 03:26

** Merino & Co MNC.AX soars as much as 20% to A$0.15, highest since December 9, 2025

** Stock set for best session since May 4

** Wool products maker secures purchase order of A$1.1 mln ($795,850) from its China distribution partner

** Order covers products across wool garments, accessories

** About 64,000 shares traded, 6.7x the 30-day avg

** YTD, MNC up 3.5%

($1 = A$1.3822)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))