Australia's MyEco Group falls on convertible notes issue

MyEco

27/03/2026 02:18

** MyEco Group MCO.AX falls 7.7% to A$0.012

** More than 323,000 shares traded, 2.8x the 30-day avg, in stock's busiest session since March 16

** Sustainable packaging materials manufacturer to undertake Series 2 convertible note offer for further funding

** Says notes issues to be of aggregate principal amount of up to A$2 mln ($1.4 mln); each note will have face value of A$1

**  MCO flat YTD

($1 = A$1.4514)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))