Australia's Holista CollTech rises on grant from Western Australian government

Holista Colltech

26/05/2021 04:28

** Biotech firm Holista CollTech Ltd's shares  HCT.AX  gain
as much as 7.7% to A$0.056, their highest since May 13
    ** Co secures A$501,250 ($390,022.63) grant from Western
Australian state govt 
    ** Funds to be used to upgrade Holista's collagen plant to
produce medical-grade collagen for global market  urn:newsml:reuters.com:*:nFWN2NC0OL   
    ** Stock posts biggest intraday percentage gain since May 13
    ** ~975,000 shares change hands vs 30-day average volume of
~489,000 shares
    ** HCT down 27.8% this year, as of last close      


($1 = 1.2852 Australian dollars)

 (Reporting by Aditya Munjuluru in Bengaluru)
 ((aditya.srivastsav@thomsonreuters.com))