Australia's Way 2 VAT plunges nearly 29% on discounted placement
09/09/2026 02:01
BUZZ-Australia's Way 2 VAT plunges nearly 29% on discounted placement ** Shares of Australia's Way 2 Vat W2V.AX decline as much as 28.6% to A$0.050, marking their biggest intraday pct loss since January 28
** Shares hit their lowest level since August 26
** Fintech firm announces A$2.1 million ($1.52 million) placement at A$0.05 per share, a 29% discount to stock's last close on September 4
** Shares were halted for trading on Monday and Tuesday pending announcement
** Stock down 47% YTD, including session's moves
($1 = 1.3843 Australian dollars)
(Reporting by Subhalakshmi Dey in Bengaluru)
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