Dotz Nano eyes best day in nearly 1 month on purchase order

Dotz Nano

23/12/2022 24:29

** Shares of Australia's Dotz Nano Ltd  DTZ.AX  rise as much
as 5.8% to A$0.275 — set for their best day since Nov. 30, if
gains hold 
    ** Stock hits highest since Dec. 1
    ** Advanced technology co says it has received its first
purchase order from a NASDAQ-listed oilfield technology and
services provider
    ** Says order to expand in-field trials of a new technology
to monitor corrosion inhibitors in-field
    ** Adds that it expects the arrangement between the parties
to become material at the successful completion of additional
trials during 2023
    ** Stock has fallen 43.5% this year, as of last close
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))