Australia's Cosol up on contract with defence dept

Cosol

28/12/2022 02:28

** Shares of Australia's Cosol  COS.AX  up 2.7% at A$0.76,
their highest since Dec 6
    ** The global asset management platform signs contract worth
A$8.2 million ($5.53 mln) with Australian Department of Defence
    ** Expects project to complete in Nov 2023 and to contribute
positively to FY23 results
    ** Stock has risen 15.6% this year, as of last close
($1 = 1.4839 Australian dollars)
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))