Australia's AML3D jumps on purchase deal with Boeing

AML3D

05/07/2022 02:18

** Shares of AML3D Ltd  AL3.AX  jump as much as 23.1% to
A$0.080, their biggest intraday pct gain since May 17
    ** The 3D metal printing co says it has received a key
purchase agreement with Boeing  BA.N  to develop and produce 3D
printed structural test parts from aluminium  urn:newsml:reuters.com:*:nFWN2YL0I0
    ** Co says purchase agreement is for A$140,000 ($96,306.00)
    ** Around 604,700 shares change hands, nearly 2.8 times
compared with the 30-day average volume of 214,678 shares 
    ** Shares hit highest since June 16 
    ** Stock has fallen 53.6% this year, as of last close

($1 = 1.4537 Australian dollars)

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))