News & Analysis

WiseTech shares plummet again after its short-seller launched another attack

- November 19, 2019 2 MIN READ

Shares in Sydney-based logistics tech co WiseTech Global (ASX: WTC) have fallen more than 6% in early trade today, amidst the company’s AGM, as China-based short-selling nemesis J Capital launched a fresh attack on the credibility of the business. WiseTech shares fell more than 10% to below $26 on Tuesday morning, despite an upbeat presentation… Read more »

News & Analysis

Logistics software venture WiseTech sees shares soar after profit jump

- August 21, 2019 3 MIN READ

Wisetech Global CEO & founder Richard White.   WiseTech is a Sydney-based logistics company that’s pushed hard into tech in recent years Its shares jumped after beating its own revenue growth predictions for FY19 The company has invested heavily in tech development and acquisitions to scale rapidly Operating profit increased 37% to $80.2 million WiseTech… Read more »