Australia's Secos jumps most in 10 months on partnership with pet specialty co

MyEco

02/05/2022 03:39

** Shares of sustainable packaging materials' manufacturer
Secos Group Ltd  SES.AX  rise as much as 11.11% to A$0.2
    ** Stock could see its best day since July 2021, if gains
hold
    ** SES says it has partnered with pet specialty co EzyDog
Pty to manufacture and distribute pet waste bags in the
Australian market  urn:newsml:reuters.com:*:nASX8cCdh4
    ** New range of pet waste bags to be sold via EzyDog's
retail distribution channel comprising more than 600 pet retail
stores
    ** Co says it received initial launch orders of more than
A$175,000 ($123,130.00); expects significant sales growth from
in-store sales
    ** As many as 852,347 shares change hands, compared with the
30-day average volume of 391,549 
    ** Stock down 35.7% this year, as of last close

($1 = 1.4213 Australian dollars)

 (Reporting by Anan Ashraf)
 ((Anan.Ashraf@thomsonreuters.com;))