BUZZ-Australia's Bhagwan Marine hits over 1-month high on A$16.49 million contract extension
Reuters
Oct 09, 2025
BUZZ-Australia's <a href="https://laohu8.com/S/BWN.AU">Bhagwan Marine</a> hits over 1-month high on A$16.49 million contract extension
** Shares of Australia's Bhagwan Marine BWN.AX rise as much as 7% to A$0.615, their highest level since August 18
** Stock marks its biggest intraday pct rise since September 24
** The marine solutions co announces two-year extension to its existing contract for the provision of marine, cargo, and offtake support services to Jadestone Energy and Vermilion Energy
** The extension is valued at A$25 million ($16.49 million)
** Stock is down 5.6% YTD, including the session's moves
($1 = 1.5161 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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