Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Wellard Ltd. ( (AU:WLD) ) just unveiled an update.
Wellard Limited has entered into a binding contract to sell its remaining livestock vessel for approximately A$81.2 million, a move that signifies the sale of its main undertaking. This transaction, subject to shareholder approval, is planned to return net sale proceeds to shareholders, marking a significant operational and strategic shift for Wellard in compliance with ASX listing requirements.
More about Wellard Ltd.
Wellard Limited operates in the livestock industry, providing logistics solutions for the transportation of livestock. The company is focused on the sale and management of livestock vessels, primarily catering to markets requiring large-scale live animal transportation.
YTD Price Performance: 183.33%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €48.2M
For an in-depth examination of WLD stock, go to TipRanks’ Stock Analysis page.
