Australia's COSOL hits record high as co signs service contracts with government agencies

Cosol

22/05/2024 03:10

** Shares of COSOL  COS.AX  rise as much as 5.24% to a
record high of A$1.105
    ** The assest management service provider says it signed
multi-year managed services contracts with government agencies
in Queensland and Western Australia
    ** Co adds that multi-year contract to deliver managed
services to QBuild, Queensland govt's construction organisation,
with initial contract term of 3 years and value of A$10 million 
($6.67 million)
    ** About 114,774 shares change hands, 2.3 times the 30-day
average volume of shares
    ** Stock has risen 6.06% this year, as of last close
   
    ($1 = 1.4986 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))