ASX:COOT TRIPLES AS TRADE WAR TALK IGNITES AGRI STOCK RALLY
Australian Oilseeds (COOT) stock soared over 300% from $0.97 to about $4.00 in early trading Oct. 15, following U.S. President Trump’s threat to cut cooking oil imports from China. Trading volume spiked from 170,000 to 85 million shares. The rally spread to peers Origin Agritech and Arcadia Biosciences, which also posted large after-hours gains. COOT recently regained Nasdaq compliance and expanded its China market presence.