Australia's FBR jumps on US site acceptance of new delivery system

FBR

14/08/2024 03:38

** Shares of FBR Ltd  FBR.AX  rise as much as 21.6% to
A$0.045, set for best day since July 24 - if current gains hold 
   
    ** Robotic tech co says its new construction technology
Hadrian X has been accepted for operation at the Fort Myers
facility in Florida, United States
    ** Completion of site acceptance testing triggered $600,000
payment by CRH Ventures to FBR - co
    ** Stock hits highest level since July 31
    ** FBR up 37% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))