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Agribusiness sells livestock vessel and share price jumps 117pc

Brad Thompson
Brad ThompsonReporter
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The market value of agribusiness Wellard has more than doubled after the company moved to sell one of its two remaining livestock carriers.

Wellard stock closed at 3.7¢ on Monday, up more than 117 per cent, in a boost for long-suffering shareholders who include cattle baron and winemaker Paul Holmes à Court.

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Brad Thompson was a reporter at The Australian Financial Review
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    Original URL: https://www.afr.com/companies/agriculture/agribusiness-sells-livestock-vessel-and-share-price-jumps-117-per-cent-20240701-p5jqay