Australia's Analytica eyes best day in near five years on China JV agreement

Analytica

30/03/2021 03:48

** Shares of Analytica Ltd  ALT.AX  rise as much as 100% to
A$0.006, their biggest intraday percentage gain since April 22,
2016 
    ** The medical device maker says it entered into JV
agreement to manufacture, distribute and market co's PeriCoach
pelvic floor exercise device in China, Macau, Hong Kong and
Taiwan  urn:newsml:reuters.com:*:nFWN2LR0W8
    ** JV partners include China-based Hebei NACOL
Bio-Technology Co and Shijiazhuang Biosphere Pty Ltd
    ** Stock posts its highest since March 4, 2019 
    ** More than 91.2 mln shares change hands, compared with the
30-day average volume of about 3.3 mln shares 
          

 (Reporting by Nikhil Subba in Bengaluru)
 ((Nikhil.Subba.thomsonreuters.com@reuters.net))