Australia's Aerometrex rises to 3-week high after co bags government contract

Aerometrex

25/09/2024 04:34

** Shares of Aerometrex  AMX.AX  rise as much as 6.56% to
A$0.325, their highest levels since Sept 6
    ** The geospatial tech co secures a contract from South
Australian Department for Environment and Water to produce high
resolution 3D reality mesh project for volumetric sand analysis
over the Adelaide Metropolitan coastline
    ** Says total project value for up to A$0.68 mln ($467,772)
    ** Stock has risen 15.1% this year, as of last close
    
   ($1 = 1.4537 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))