Australian (ASX) Stock Market Forum

MNC - Merino & Co. Limited

Joined
27 June 2010
Posts
4,131
Reactions
303
Established in 2013, Merino & Co is a branded lifestyle clothing and accessories company based in Perth, Western Australia. The Company manufactures, markets and sells wool apparel and accessories, predominately featuring fine Merino wool, to both Australian and international markets.

Merino & Co is a vertically integrated Company, involving the manufacture, marketing and sale of wool products. The Company has over 600 points of sale spanning across Australia, selling wool clothing and accessories from its own showrooms as well as at duty free shops, airports, boutique shops, tourism sites, and generally via wholesalers and agents. The Company has also been exporting and selling direct to international markets, including China, Japan and North America, where high-quality wool products are in higher demand owing to colder climates.

The Company is seeking to raise up to $7,500,000 (before costs) through the issue of up to 37,500,000 Shares at a price of $0.20 per Share.

It is anticipated that MNC will list on the ASX during October 2024.

 
Listing date04 October 2024 #
Contact detailshttps://www.merinosnug.com.au/
Ph: 08 9302 2659
Principal ActivitiesExport and distribution of merino wool products
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeMNC
Capital to be Raised$7,500,000
Expected offer close date20 September 2024
UnderwriterNot underwritten. Lodge Corporate Pty Ltd (Lead Manager).
 
Top