BUZZ-Australian Dairy Nutritionals hits near 2-week high on premium entitlement offer

Reuters

01/27

** Shares of Australian Dairy Nutritionals AHF.AX rise as much as 11.1% to A$0.030, their highest level since January 14

** Dairy producer announces entitlement offer to raise A$3.47 million ($2.40 million) at an issue price of A$0.028 per share

** Issue price represents a premium of 3.6% to stock's last close

** Funds from entitlement offer to be used for working capital for growth plans, others - co

** About 1.9 million shares change hands, 3.3x the 30-day average volume

** Stock has fallen 19.4% in 2026, including the day's moves

($1 = 1.4443 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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