Australia's Dotz Nano climbs on new U.S. patent grant

Dotz Nano

26/07/2022 04:28

** Shares of tech company Dotz Nano Ltd  DTZ.AX  climb as
much as 14.7% to A$0.293, biggest intraday pct gain since May 10
    ** Company says it has been granted a new patent for bulk
liquid tagging, identifying and authentication in the United
States  urn:newsml:reuters.com:*:nASX6VcJfy
    ** Says patent uses new approach to allow real-time, simple
detection and quantification of materials and chemicals used in
oil and gas sector, other industries
    ** Says it has started commercial discussions with an oil
and gas company for broader deployment of patented tech solution
    ** Shares hit highest since July 20
    ** Volumes are 2 times the 30-day average of 134,006 shares
    ** As of last close, stock down 44.6% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com))