• WTC.AX is trading 14% up at A$32.86, staging a sharp relief rally after falling to a seven-year low of A$28.76.
  • The stock's previous 23% slump was triggered by concerns over governance and an Australian Federal Police investigation into its founder, Richard White.
  • The current surge appears driven by a combination of extreme oversold conditions and a delayed market response to WiseTech's June 23 statement denying involvement in the probe.