Australia's Intelicare Holdings climbs to near 11-week high on contract win

Intelicare Holdings

11/12/2023 24:58

** ** Shares of Intelicare Holdings  ICR.AX  rise as much as
42.3% to A$0.036, their highest since Sept 27
    ** The predictive analytics tech co says it has executed
binding reseller agreement with data intelligence firm JNC
Technologies Group to deploy the InteliCare platform to JNC
client Sydney-based Hardi Aged Care 
    ** Adds that contract value is expected to be A$1.8 mln
($1.18 mln)
    ** About 843,860 shares change hands, compared with the
30-day average volume of 336,701
    ** Stock up ~23.8% this year, as of last close on Dec 7

    ($1 = 1.5198 Australian dollars)

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))