Australia's Janison Education jumps most in over 6 years on NSW deal

Janison Education

05/02/2024 23:51

** Shares of Janison Education Group  JAN.AX  rise as much
as 64.7% to A$0.420, log biggest intraday pct gain since Dec 21,
2017 
    ** The education technology services co says it has signed
an agreement with the NSW Department of Education to deliver
computer-based selective education placement tests
    ** Adds agreement is expected to generate up to A$45 mln 
($29.16 mln) in revenue
    ** Stock at its highest since Sept 27 
    ** About 4.7 mln shares change hands, compared with the
30-day average volume of over 67400 shares
    ** Stock fell ~55% last year

   ($1 = 1.5432 Australian dollars)

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