Australia's dorsaVi surges on getting global rights for NTU Singapore's memory tech

Dorsavi

12/06/2025 05:08

** dorsaVi DVL.AX surges as much as 50% to A$0.024, highest since March 18, 2024

** Stock logs biggest intraday pct gain since November 20

** Biotechnology firm secures exclusive worldwide rights to a portfolio of memory technologies developed by Nanyang Technological University (NTU), Singapore

** About 28 mln shares traded vs 30-day avg of 1.2 mln shares in stock's busiest session since xx

** DVL last up 12.5%, taking YTD gains to ~50%

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com))