Australia's Wide Open Agriculture jumps most in nearly 3 yrs on upbeat business update

Wide Open Agriculture

19/04/2023 06:03

** Shares of Wide Open Agriculture Ltd  WOA.AX  jump as much
as 85.7% to A$0.390, their biggest intraday pct gain since May
18, 2020
    ** Plant-based food producer says its product Buntine
Protein is ready to move from pilot scale to commercial
production
    ** Says in advanced confidential talks with strategic
production partner for access and production services with the
potential to produce commercial quantities of Buntine Protein
    ** Adds oat milk sales grew 2.5x in 2022
    ** Shares hit their highest level since Oct 25, 2022
    ** About 1.6 mln shares exchange hands vs 30-day avg of
162,750 shares
    ** On track to for third consecutive session of gains, if
trends hold 
    ** Stock has risen 10.5% YTD, as of last close 

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))