Australia's Icetana soars on winning contract from Malaysian firm

Icetana

16/12/2024 02:22

** Shares of Icetana  ICE.AX  more than double in value to
A$0.039, marking their best intraday pct gain ever 
    ** Stock hits its highest level since Dec. 4, 2023
    ** Video analytics software co wins contract from Malaysian
security firm AE Security System for its AI surveillance
software
    ** Says total contract value A$465,000 ($296,298) over three
years
    ** About 7.9 mln shares change hands, compared with the
30-day average volume of around 58,000
    ** Stock down 23.5% YTD, including session's move
($1 = 1.5694 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))