Business
Why the AWN (ASX:AWN) share price is rocketing 14% higher
The AWN Holdings Ltd (ASX: AWN) share price is rocketing today. This comes after the company provided investors with an update on its 46.8% owned subsidiary, VivoPower.
Headquartered in London, VivoPower is an international company that delivers comprehensive suite of sustainable energy solutions. This includes battery technology, electric vehicle, solar and critical power services.
The AWN share price touched a 52-week high of $1.70 in morning trade, before retracing after some profit taking. At the time of writing, the funds management company’s shares are up 14.49% to $1.58.
What’s pushing the AWN share price higher?
In today’s release, the company advised its subsidiary, VivoPower has completed its acquisition of Tembo….
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