Australia's Minbos Resources hits nearly 4-month high on $10 mln investment

Minbos Resources

12/08/2024 01:40

** Shares of Minbos Resources  MNB.AX  rise as much as 13.6%
to A$0.075, their highest level since April 16
    ** Stock posts its biggest intraday pct jump since July 22,
up for a third straight session
    ** Fertiliser maker says Angolan Sovereign Wealth Fund to
invest $10 mln in co
    ** Says investment to support construction of Cabinda
phosphate fertiliser project in Angola
    ** Stock down 32% YTD, as of last close
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))