BUZZ-Australia's Wildcat Resources slumps on reports of regulator raid

Reuters
14 Nov 2024
BUZZ-Australia's Wildcat Resources slumps on reports of regulator raid

** Shares of Wildcat Resources WC8.AX slump as much as 15.5% to A$0.313; set for their worst day since early March

** Local media claims properties linked to co raided by Australian Securities and Investments Commission (ASIC)

** Mineral explorer refutes reports; says no property seized

** Stock set to snap four straight sessions of gains

** WC8 down ~52.5% YTD

(Reporting by Archishma Iyer in Bengaluru)

((Archishma.Iyer@thomsonreuters.com;))

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