Australia's Anteotech surges on first order for battery tech

Anteotech

15/10/2024 05:43

** Anteotech shares  ADO.AX  surge 45% in their biggest
intraday jump since mid-May 2022
    ** Clean energy firm gets its first commercial order for its
battery anode tech from EV maker EV1 for A$40,000 ($26,852)
    ** About 13.5 mln shares traded, 15x the 30-day daily avg
    ** Despite the surge, the stock is still down ~31% YTD
 
 ($1 = 1.4896 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))