Australia's Wide Open Agriculture jumps on deal to sell oat milk in Taiwan

Wide Open Agriculture

24/05/2022 01:58

** Shares of Wide Open Agriculture Ltd  WOA.AX  gain as much
as 9.6% to A$0.74
    ** Food and agriculture co says it signed an agreement with
market expansion services provider DKSH Taiwan to distribute,
market, sell its brand Dirty Clean Food's carbon-neutral oat
milk in Taiwan  urn:newsml:reuters.com:*:nASX2Mj5zV
    ** Adds deal will see about A$650,000 ($460,460) in annual
sales for WOA, two-year exclusive agreement is expected to
materialise by July 
    ** Stock up for a third straight session 
    ** More than 182,000 shares change hands, compared with the
30-day average volume of about 168,000
    ** Stock down 4.3% this year, as of last close
 
($1 = 1.4116 Australian dollars)

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))