Shares in Sukin natural skincare group BWX plunged 40.6 per cent on Tuesday after it warned of a sudden downturn in retail conditions, flagged a boardroom overhaul and launched a $23.2 million capital raising to repair its balance sheet.
In August 2021, BWX raised $85 million at $4.85 per share, with Tuesday’s capital raising offered at 60¢ per share after a horror run culminated in the sales downgrade. Gold miners also recovered from day-earlier heavy falls that were sparked by a production warning fromThe gold price added 0.2 per cent to $US1828 an ounce.
“Who would have thought KFC is so popular in Europe,” said Mr Sequeira. “The European business is doing better than expected, there’s a pipeline of significant growth, and they’ve suggested potential for up to 130 stores in the Netherlands from about 45 now. Sames store sales were double-digit and are driving profitability in Europe”also rejected a third buyout proposal from Canadian aquaculture company Cooke and is refusing to engage in talks, arguing the latest $4.