Australia's Butn rises on partnership with MySale Group

Butn

21/02/2022 03:58

** Shares of Butn Ltd  BTN.AX  rise as much as 2.1% to
A$0.240
    ** The B2B payments platform enters https://www.asx.com.au/asxpdf/20220221/pdf/4565l1hrhqyltm.pdf
 a strategic partnership with online retailer MySale Group
 MYSL.L  
    ** Under deal, BTN will provide MYSL with its Butn X and
Butn Pay products
    ** Co expects revenue from partnership "to be material over
time"
    ** Volumes are nearly 2 times their 30-day avg of about
34,000 shares
    ** Stock down ~30.9% so far this year, as of last close 
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))