Australia's BluGlass rises on shipping first product prototype

Bluglass

15/06/2022 06:31

** Shares of semiconductor developer BluGlass  BLG.AX  climb
as much as 15.4% to A$0.030, mark their biggest intraday pct
gain since Feb. 2 
    ** Co ships its first fully packaged laser diode prototypes
to its initial customer  urn:newsml:reuters.com:*:nASXjBwq6
    ** Says the shipment is part of product development process
to gain customer feedback for real-world applications
    ** Shares hit their highest since June 3
    ** Volumes 3.5 times the 30-day average of about 1 mln
shares
    ** As of last close, stock down 18.2% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))