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WLD Wellard News Story

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IndustrialsSpeculativeMicro CapSuper Stock

Australia's Wellard hits 1-year high on getting full control of ship

** Shares of Wellard  WLD.AX  rise as much as 20.8% to
A$0.064, hitting their highest since Feb 23, 2023
    ** Co set to post largest intraday pct jump since Jul. 1
    ** Livestock vessel carrier says co has reached agreement to
secure full ownership of a freight ship from Ruchira Ships
    ** Co will pay $5 mln to KPMG Singapore, Ruchira's
liquidators
    ** More than 537,000 shares changed hands vs 30-day avg
volume of 21,048 shares
    ** Stock up 46.3%, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))

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