Australia's YPB Group surges most in 9 months on U.S. tech deal

Codeifai

08/03/2023 02:59

** Shares of YPB Group Ltd  YPB.AX  jump as much as 50% to
A$0.006, their biggest intraday pct gain since May 16 
    ** The product authentication and consumer engagement
solutions provider says it signed a 3-year Master Services
Agreement (MSA) with Smart-tab Systems LLC for the U.S. instant
lottery market
    ** Adds, its YPB Tracer technology to be used to address
instant lottery ticket fraud in the United States
    ** Further, co wins initial purchase order of $19,673 
    ** Stock posts its highest since Oct.18 
    ** More than 14 mln shares change hands, vs the 30-day
average volume of 1 mln shares
    ** Stock has been flat this year, as of last close
    
  

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))