With temperatures soaring this week, shares in Waterco, a leading supplier of swimming pool equipment and chemicals, have also been on the rise.
Waterco owns Swimart, a franchised retail network of pool stores, and develops water treatment and filtration products.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au