Australia's Wam Microcap sees best day in nearly 7 months on strong annual results
23/08/2021 06:45
** Shares of Wam Microcap Ltd WMI.AX rise as much as 3.3%
to A$1.885 in their biggest intraday pct gain since Feb. 2
** Investment firm's FY21 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02410347-2A1317341?access_token=83ff96335c2d45a094df02a206a39ff4
net profit after tax jumps seven-fold to A$76.1 mln ($54.47
mln), revenue up more than 5 times to A$119.4 mln
** Co declares final dividend of 4 AU cents per share as
well as a special dividend of 4 AU cents per share
** About 350,000 shares change hands, 2.5 times the 30-day
average
** Stock's busiest trading day since May 24
** Stock hits its highest since Aug. 12; down 3.44% this
year, as of last close
($1 = 1.3970 Australian dollars)
(Reporting by Dhriti Garg in Bengaluru)
((Dhriti.Garg@thomsonreuters.com))
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