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Director Trades
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Company News
Ecofibre signs second deal to supply Neolast specialty yarn for Under Armour apparel
Ecofibre (ASX: EOF) has secured its second deal with global sportswear brand Under Armour to supply Neolast yarns to nominated knitting mills for the manufacture of new performance apparel. Under the terms of the three-year agreement, Ecofibre will purchase US$4.3 million of manufacturing equipment, financed by Under Armour over 36 months at a 12% per […]
Market wrap: local factors push Australian stocks higher
While international influences such as the surprise jump in US bond yields had a big impact on the Australian share market overall, local factors also played a big part in some significant price volatility in many individual shares. By the close of trade on Friday the ASX 200 managed to reverse an earlier fall to […]
Ecofibre secures deal to supply yarn for use in Under Armour clothing
Australian biotechnology company Ecofibre (ASX: EOF) has secured a deal with global sports brand Under Armour Inc to supply yarn for use in its range of performance apparel. The memorandum of understanding was done through Ecofibre’s speciality manufacturing division Hemp Black and will allow for the supply of a specialty yarn over an initial three-year […]
Ecofibre joins ASX to fast-track commercialisation of hemp-based products
Fast-tracking the commercialisation of a range of high-performance, hemp-based textiles has been slated as top priority for ASX newcomer and hemp producer Ecofibre (ASX: EOF), which officially listed today. The Brisbane-based company raised $20 million at $1 per share from an initial public offering last month to list with a market capitalisation today of more […]