Australia's Entyr soars on product offtake and development agreements
20/12/2023 02:24
** Shares of Entyr Ltd ETR.AX rise as much as 144.4% to
A$0.022, their biggest intraday gain since Feb. 16, 2018
** Tire processing co enters two agreements with Trafigura
** Under deal, Trafigura will offtake 100% of certain
products of co from its Stapylton facility and any other future
facilities
** Trafigura to also support co's technology and product
development and to jointly evaluate future projects
** Shares hit highest level since May 5
** About 23.4 mln shares change hand compared to 30-day
average trading volume of 1.6 mln shares
** Entyr down 43.8% YTD as of last close
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))