Australia's Forbidden Foods rises on higher October sales

OMG

07/11/2024 02:59

** Shares of Forbidden Foods  FFF.AX  rise as much as 40% to
A$0.014, its biggest intraday pct gain since Oct. 31
    ** The health & wellness food co reports October group sales
of A$360,000 ($237,744.00), a 44% rise from September
    ** Co sees sales momentum for combined entity to continue in
December quarter
    ** Stock hits its highest level since Oct. 31
    ** 3.7 mln shares change hands, compared with the 30-day
average volume of 420,514
    ** Stock down 29% YTD as of 0253 GMT


($1 = 1.5142 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))