Australia's AnteoTech gains on deal with Swiss battery maker

Anteotech

02/03/2023 24:02

** Shares of AnteoTech Ltd  ADO.AX  rise as much as 12.5% to
A$0.054, set for best day since Oct 18, if gains hold
    ** The surface chemistry co says it signed non-binding
memorandum of understanding with Swiss battery manufacturer Wyon
AG
    ** Co says partnership is for development of rechargeable
miniature and micro Wyon batteries for the MedTech sector
    ** AnteoTech stock hits its highest level since Feb 22
    ** Stock down 15.8% this year, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))