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Merino & Co Limited ( (AU:MNC) ) just unveiled an announcement.
Merino & Co Limited has amended its quarterly report to correct an error in the company’s use of funds and to clarify payments made to related parties. The company has relocated to a larger warehouse, installed new machinery to increase production capacity, and launched a new product line. Additionally, Merino & Co has enhanced its digital platforms, including a redesigned website and approvals for international digital platforms in China and Japan. The company has also integrated cryptocurrency as a payment method, aiming to diversify its holdings and enhance financial resilience.
More about Merino & Co Limited
Merino & Co Limited operates in the textile industry, specializing in merino wool products. The company focuses on expanding its product range and enhancing its digital presence, with a particular emphasis on adapting to emerging market preferences, including strategies for the Chinese market.
Average Trading Volume: 33,811
Technical Sentiment Signal: Hold
See more data about MNC stock on TipRanks’ Stock Analysis page.